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🆘SEC "struggles" to make things difficult for Ripple before Trump takes office!

The SEC has just filed an appeal to the appeals court, asking to overturn the July 2023 ruling that XRP transactions on the exchange are not securities. They argue that investors' profit expectations do not depend on the identity of the seller but on Ripple's efforts to increase the value of XRP.

In addition, non-cash transactions, such as salaries or promotions, are also considered by the SEC to violate the law.

The news was released when XRP just set a historical ATH of $ 3.2, causing the coin to immediately turn back to below $ 3.