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South Korean Prosecutors Will Apply To Add the XRP Judgment of the US Court as Evidence

According to the pre-appeal meeting of Terraform Labs co-founder Daniel Shin at the Seoul Southern District Court, the Korean prosecution plans to apply for the New York Southern District Court's ruling on the virtual currency securities attribute as additional evidence.

In July of this year, according to documents released by the Southern District Court of New York, in the SEC vs. Ripple lawsuit, the judge believed that trading on exchanges and selling XRP through algorithms did not constitute an investment contract, while institutional sales violated securities laws. 

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    Why is XRP price up today?

    Key factors driving XRP's price upward today are hopes of spot XRP exchange-traded funds in the U.S. and increased accumulation by whales.
    Why is XRP price up today?

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