$XRP SEC (U.S. Securities and Exchange Commission) filed a lawsuit against Ripple Labs, demanding payment of $50 million in a case related to the unregistered sale of securities in the form of XRP tokens.

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Why it matters:

1. The legal front of Ripple vs SEC has been ongoing since 2020. Previously, the court partially sided with Ripple, allowing retail trading of XRP.

2. Now the SEC is demanding payment of a specific amount (50 million), likely for institutional sales.

3. It is not a criminal case, but a civil lawsuit — Ripple does not face shutdown, but the consequences may be financially painful.

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How it affects the market:

• XRP immediately fell as investors fear long-term pressure from the SEC.

• Other altcoins also dropped a bit, especially those at risk of being classified as securities (e.g., ADA, SOL).

• Psychologically, the market began to reconsider the legal risks for cryptocurrencies in the U.S.

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Possible consequences:

• Ripple will likely pay a fine, but will not cease operations.

• This may set a precedent: the SEC wants to demonstrate that they are capable of “pressuring” even a strong player.

• If Ripple ultimately loses, that will increase pressure on the entire altcoin sector, especially in the U.S.