
The content discusses the latest updates regarding the SEC’s case against Ripple. The SEC is seeking to appeal a ruling that stated programmatic sales of XRP did not qualify as securities. However, sales of XRP to institutional investors met the standard for classifying securities. The co-founders of Ripple also face charges of aiding and abetting violations of U.S. securities laws. The article mentions the timeline for the trial and the deadlines for submitting filings and motions.
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