๐จ Ripple Faces Fundraising Roadblock as Court Injunction Remains in Place
โ๏ธ A former SEC lawyer has raised concerns over Rippleโs ability to raise private capital, pointing to the ongoing court injunction that prevents institutional sales of XRP.
๐ Ripple and the SEC are jointly urging the court to modify the final judgment, aiming to lift the restriction.
๐ข According to legal experts, this move is crucial โ not just for Ripple's future fundraising efforts, but for the broader institutional adoption of crypto.
๐ The outcome of this legal push could shape how blockchain firms access capital in the U.S. going forward.
๐ Will Ripple break through this legal ceiling?
#Ripple #XRP #CryptoRegulation #SEC #Blockchain
https://coingape.com/ripple-faces-private-fundraising-challenge-amid-unlifted-court-injunction-ex-sec-lawyer/