The article discusses the ongoing legal battle between Ripple Labs and the U.S. Securities and Exchange Commission (SEC). Ripple’s legal team claims that the SEC is employing delay tactics in the case, while the SEC accuses Ripple of intentionally prolonging the lawsuit to continue selling its cryptocurrency, XRP. The article highlights the inconsistencies in the SEC’s stance on cryptocurrency regulations and the accusations made by both parties. It emphasizes the need for clear regulatory guidelines in the cryptocurrency industry.
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