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Ripple vs SEC: Will Gensler Pull a Jay Clayton-Style Exit? XRP at Risk
The ongoing legal battle between the SEC and Ripple has been a key issue for the future of cryptocurrency regulation. At the heart of the case is whether XRP should be classified as a security. The SEC claims Ripple violated securities laws by selling XRP without proper clearance, while Ripple insists it is a digital asset, more like a commodity or currency.