The article discusses the recent court battle between Ripple and the U.S. Securities and Exchange Commission (SEC). Ripple emerged victorious as the court ruled that the sale of XRP tokens did not violate any securities laws. However, despite this win, the SEC still has the opportunity to appeal certain parts of the case. XRP attorney John Deaton explains that the penalty phase of the case must be completed before a possible appeal can take place. The lawsuit against Ripple resulted in XRP being delisted from several major cryptocurrency exchanges.
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