Another Win For Ripple(XRP) As SEC Faces A Brutal Reckoning

Ever since the lawsuit between U.S SEC against Ripple, the SEC has been losing their cases and hearings. This is because Ripple has always found ways to show that their token, XRP, wasn’t sold as a security.

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Lately the judge who is known as the U.S magistrate judge Sarah Netburn has granted the current CEO of Ripple, Brad Garlinghouse and the co-founder Christain Larsen the motion to get documents from exchanges like that of Bitstamps, Huobi, Bithub and other exchanges to prove their case. The latest grant was from Binance, stating that the documents to be obtained from Binance will be valid for their court case. These documents will prove the allegations laid on Garlinghouse that he he sold a huge portion of XRP tokens on Binance.

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The whole SEC vs RIPPLE case has made a big revolutionary move in the crypto community because the whole case has shown how crooked and broken the system is. This action has unfortunately put SEC on trial. While the U.S SEC was trying to find dirts on Ripple, Ripple has uncovered a lot and defended theirselves so much that I think the SEC is regretting their law suit action. But they are too proud to throw in the towel.

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