A Ripple Labs executive has dismissed concerns over a potential Securities and Exchange Commission (SEC) appeal of a court judgment that ruled XRP is not a security. The executive believes the judge’s ruling was a faithful application of the law and expects it to be affirmed by a court of appeals. However, he warned that the crypto sector is still facing regulatory uncertainty in the US, with the SEC not properly applying the law and lacking a comprehensive crypto regulatory framework. The article also mentions other news relating to criminal charges and securities fraud against Alex Mashinsky and the uncertainty surrounding the altcoin sector despite Ripple’s legal victory.
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