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US SEC to appeal from Ripple Labs court ruling
© Reuters. FILE PHOTO: The seal of the U.S. Securities and Exchange Commission (SEC) is seen at their headquarters in Washington, D.C., U.S., May 12, 2021. REUTERS/Andrew Kelly/File Photo
NEW YORK (Reuters) – The U.S. Securities and Exchange Commission on Wednesday said it plans to appeal from a court ruling last month that the sale of the XRP digital token on public exchanges complied with federal securities laws, in a case involving the cryptocurrency company Labs.
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