Ripple has secured yet another victory in its nearly five-year legal fight with the U.S. Securities and Exchange Commission. Both parties have officially filed to dismiss their appeals, bringing the long-running court saga to an end. Shortly after, the SEC granted Ripple a waiver from its “Bad Actor” disqualification, a restriction that had limited the company’s ability to raise capital. This means Ripple can now legally conduct exempt securities offerings and attract investors without added regulatory barriers.
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XRP Price Prediction as SEC Drops Ripple’s ‘Bad Actor’ Tag
Ripple has secured yet another victory in its nearly five-year legal fight with the U.S. Securities and Exchange Commission. Both parties have officially filed to dismiss their appeals, bringing the long-running court saga to an end. Shortly after, the SEC granted Ripple a waiver from its “Bad Actor” disqualification, a restriction that had limited the company’s ability to raise capital. This means Ripple can now legally conduct exempt securities offerings and attract investors without added regulatory barriers.