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Ripple backs SEC crypto regulation after XRP legal fight cost over $150 million

The Cryptonomist·October 21, 2026·1 min read
Ripple backs SEC crypto regulation after XRP legal fight cost over $150 million

Ripple is backing the SEC's proposed crypto regulation after spending more than $150 million seeking legal clarity over XRP. In a 20-page comment letter filed on October 20, 2026, the company supported Regulation Crypto Assets while urging the agency to distinguish an investment contract from the token sold through it.

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