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The Ripple effect: SEC files Notice of Appeal in case against Ripple

This lawsuit could set a significant precedent for how digital assets are regulated in the United States.

Jean Hurley

Physical metal Ripple coins with global trading exchange market price chart in the background.
Photo: NanoStockk/Getty Images
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Last year the US District Court for the Southern District of New York ruled in favor of Ripple Labs that the SEC had not made its case that Ripple had violated securities law when selling the XRP coin on public exchanges to retail customers

The court also ruled that Ripple

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