{"id":89556,"date":"2024-10-04T00:09:35","date_gmt":"2024-10-04T04:09:35","guid":{"rendered":"https:\/\/www.hedgeco.net\/news\/?p=89556"},"modified":"2024-10-03T23:44:40","modified_gmt":"2024-10-04T03:44:40","slug":"xrp-slides-9-after-sec-appeals-decision-in-landmark-ripple-case","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/10\/2024\/xrp-slides-9-after-sec-appeals-decision-in-landmark-ripple-case.html","title":{"rendered":"XRP slides 9% after SEC appeals decision in landmark Ripple case"},"content":{"rendered":"\n<p>(CNBC) The price of the XRP token tumbled Thursday, a day after the Securities and Exchange Commission\u00a0<a rel=\"noreferrer noopener\" href=\"https:\/\/storage.courtlistener.com\/recap\/gov.uscourts.nysd.551082\/gov.uscourts.nysd.551082.978.0.pdf\" target=\"_blank\">filed to appeal<\/a>\u00a0a 2023 court ruling that determined XRP\u00a0<a rel=\"noreferrer noopener\" href=\"https:\/\/www.docdroid.net\/L9tsUvY\/httpsecfnysduscourtsgovcgi-binshow-tempplfile29781640-0-88954pdftypeapplicationpdf-pdf\" target=\"_blank\">is not considered a security<\/a>\u00a0when sold to retail investors on exchanges. <a href=\"https:\/\/www.cnbc.com\/quotes\/XRP.CM=\/\">XRP<\/a>\u00a0was last lower by more than 8% at 53 cents a coin, according to Coin Metrics.<\/p>\n\n\n\n<p><a href=\"https:\/\/www.cnbc.com\/2024\/10\/03\/crypto-market-today.html\">To read this article:<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(CNBC) The price of the XRP token tumbled Thursday, a day after the Securities and Exchange Commission\u00a0filed to appeal\u00a0a 2023 court ruling that determined XRP\u00a0is not considered a security\u00a0when sold to retail investors on exchanges. XRP\u00a0was last lower by more [&hellip;]<\/p>\n","protected":false},"author":4,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-89556","post","type-post","status-publish","format-standard","hentry","category-syndicated"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/89556","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=89556"}],"version-history":[{"count":1,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/89556\/revisions"}],"predecessor-version":[{"id":89557,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/89556\/revisions\/89557"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=89556"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=89556"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=89556"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}