WILL RIPPLE WIN THE APPEAL? SEC CRYPTO ENFORCEMENT UNIT UNDER SCRUTINY
WILL RIPPLE WIN THE APPEAL? SEC CRYPTO ENFORCEMENT UNIT UNDER SCRUTINY
The SEC transferred a top litigator from its Ripple case to the IT department.
SEC Commissioner Hester Peirce stated the agency is reviewing which crypto assets should be classified as securities.
XRP could recover and rally to $4.00 if it holds the lower broadening wedge boundary.
XRP is down 3% early Thursday, with the crypto community anticipating that the SEC's appeal may not succeed.
The SEC's appeal in its case with Ripple is expected to face challenges under the new administration.
