Ripple’s Legal Battle Heats Up: Binance Ruling Referenced

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  • The ongoing legal battle between Ripple and the U S Securities and Exchange Commission continues to heat up, with Ripple referencing the partial win of Crypto exchange Binance.
  • Ripple, along with other cryptocurrency-based firms, including Binance, argues that the regulatory landscape for digital assets lacks clarity and consistency.

Ripple Labs is taking advantage of Binance’s recent victory in its lawsuit against the U.S. Securities and Exchange Commission (SEC).

This event has infused optimism among XRP enthusiasts as it seeks to challenge the SEC and secure another significant win.

In the latest court filings, Ripple referenced Judge Amy Berman Jackson’s ruling in favor of Binance. Judge Amy Berman, flagging SEC’s claims, asserted that the secondary market sales of BNB don’t constitute securities. Using Binance’s win, Ripple highlighted Judge…

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