Crypto Lalit
Crypto Lalit

@CryptoLalit151

8 Tweets Jul 26, 2023
πŸš€πŸ“ˆπŸ”₯ "BREAKING: 🌊 #Ripple's Legal Victory Sends Shockwaves! πŸ’₯πŸ’° Find Out How the SEC Appeal Could Amplify Their Win! πŸ“£πŸ˜± #CryptoNews #RippleTriumph #ToTheMoon πŸš€πŸŒ•
A THREAD🧡
1️⃣: What's the recent #Ripple ruling all aboutβ“πŸ“œ
On July 13, Judge Analisa Torres ruled that XRP is NOT a security when sold to the public on crypto exchanges, but it could be considered a security when sold to institutional investors. πŸš«πŸ”’ #Ripple #xrp
2️⃣: How does #Ripple feel about a potential appealβ“πŸ§
#Ripple's Chief Legal Officer, Stuart Alderoty, is confident and ready to face any appeal brought by the SEC! They firmly believe the judge made the right decision and hope a higher court might even amplify their victory!…
3️⃣: What's the SEC's stance on the rulingβ“πŸ€·β€β™‚οΈ
The SEC is not happy with the split-decision ruling and has hinted at appealing the decision in the future. They disagree with retail sales of #xrp not being deemed as securities. πŸš«πŸ’Ό #SECvsRipple
4️⃣:What does this mean for the crypto market❓
The ruling could set a precedent for future cases, providing comfort to judges that the SEC's approach might be misguided. This could be a big win for the entire crypto industry, helping it gain regulatory clarity! πŸŒπŸ›‘οΈβ€¦
5️⃣:Is the U.S. falling behind in #Crypto regulationβ“πŸ‡ΊπŸ‡ΈπŸ“‰
Absolutely! Alderoty believes the SEC's regulation by-enforcement approach is causing the U.S. to lag behind other countries in crypto regulation. A comprehensive and rational regulatory framework is needed ASAP! πŸ—½πŸ’Όβ€¦
6️⃣: How's XRP performing amid all this❓
πŸ’ΉπŸ’Ž#XRP is on fire! It's currently trading at around $0.70, with a fantastic 43% surge in the last month! πŸ“ˆπŸš€ #XRPPrice

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