Ripple’s Legal Win Questioned as SEC Gains Support from Better Markets
The ongoing legal battle between Ripple and the U.S. Securities and Exchange Commission has taken another turn. Better Markets, a non-profit organization, has filed an amicus brief urging the Second Circuit to reverse the 2023 ruling favoring Ripple. This legal support adds weight to the SEC’s position in the ongoing case, intensifying the scrutiny on Ripple’s operations and its implications for the cryptocurrency sector. As developments unfold, investors will pay close attention to the potential consequences for Ripple and the broader market.