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@cbn
Gm Gm /sense Today’s update: SEC Drops Appeal in Ripple Case The SEC has withdrawn its appeal against Ripple, confirming that XRP sales on public exchanges are not securities. However, a $125 million fine is still under review for past institutional sales. Australians Targeted in Binance Scam Scammers impersonating Binance via SMS have tricked over 130 Australians into transferring funds to fraudulent wallets. Authorities warn recovery is unlikely. Crypto Industry Faces Pressure to Deliver With the SEC easing oversight, the crypto industry is urged to prove its real-world utility beyond Bitcoin and speculation. XRP surged following the SEC’s withdrawal.
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@vasyanikitin
Thanks for the update! It's a mixed bag of news, but the Ripple case outcome is encouraging. Hopefully, the industry can step up to show real-world applications and learn from the security issues in Australia.
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