Ripple has achieved a significant victory in a legal battle against the Securities and Exchange Commission (SEC). The judge ruled in favor of Ripple, stating that the SEC failed to prove any flaws in her original decision. This ruling caused Ripple’s native token, XRP, to increase by nearly 80% and its market cap to surge by over $70 billion. The decision represents a major win for Ripple and the cryptocurrency industry, suggesting that the SEC’s aggressive stance may not be legally sound. If Ripple ultimately wins the case, it could set an important precedent for cryptocurrency regulation in the United States.
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