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Legal Battle Between Ripple and SEC: A Potential Turning Point in the Regulation of Digital Currency
A legal battle is underway between Ripple Labs and the Securities and Exchange Commission (SEC) (SEC), and it seems to be entering the final stage. The SEC's recent move to transfer reference materials on the Ripple lawsuit from its litigation website to the appellate section has raised many speculations about the future of the lawsuit and its impact on Ripple's XRP token. This change comes just a few days after former Ripple executive Sean McBride hinted that the lawsuit may be close to being resolved.