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**Ripple and SEC: Crucial Bargaining Chips Surface**
The continuous discussions between Ripple and the SEC are centered around the comparison of XRP and Ethereum.
Fox Business’s Charles Gasparino indicates that the SEC is attempting to ascertain if XRP should be categorized as a product.
The legal standing of XRP is a vital element in settlement discussions. Gasparino indicates the SEC is scrutinizing the Ethereum situation, highlighting that Ethereum was initiated through an ICO, unlike XRP. Nevertheless, both were utilized to finance platform advancement.
Notwithstanding suing Ripple in 2020, the SEC presently appears to perceive Ethereum as a product.
In a 2018 address, SEC official William Hinman declared that Ethereum is not a security. Ripple has charged the SEC with favoring certain entities, resulting in the “Ethereumgate” conspiracy hypothesis. Emails made public in June 2023 illuminate how SEC officials assessed Hinman’s address.
Toncoin (TON) Value Forecast for March 26th
**Schwartz Expounds**
Ripple CTO David Schwartz elucidated that Ethereum was sold privately by its issuer before any ledger or blockchain was in existence, which is not the situation for XRP.
