Legal dispute between Sec and Ripple Labs threatens to delay again - new applications on both sides on the table

Legal dispute between Sec and Ripple Labs threatens to delay again - new applications on both sides on the table
Sustainable legal dispute between the Sec and Ripple Labs
The long-standing legal dispute between the US stock exchange supervisory authority Sec and Ripple Labs could possibly be delayed. This development is due to the recent applications of both parties that now require an additional review.
The SEC complains against Ripple Labs because of the accusation that not registered securities sold. Ripple, in turn, argues that the XRP token does not represent securities and that the company's trading practices were legal. This dispute not only has legal, but also far -reaching effects on the cryptocurrency industry as a whole, since many consider the decision to be pioneering for regulating digital currencies.
observers are now looking forward to the results of the applications and the possible steps that could follow next. Another procedure could be pulled in length, which is of great importance for Ripple Labs and the entire crypto community.
The situation illustrates the challenges in regulating cryptocurrencies and the uncertainties that exist for companies in this sector. It remains to be seen how the situation will develop and what consequences this could have for the future of Ripple Labs and the XRP token.