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get ready to delve into one of the hottest topics blazing through the world of cryptocurrency the epic battle between the Securities and Exchange Commission SEC and ripple [Music] this lawsuit is set tongues wagging and ignited a firestorm of debates making it one of the most riveting and contentious legal battles in the crypto sphere the lawsuit has been the center of attention in the cryptocurrency community and it has caused a lot of uncertainty for xrp holders and investors in this video we will provide you with an overview of the Ripple xrp lawsuit including its background the allegations made by the SEC Ripples response and the current status of the lawsuit plus one crucial piece of evidence you may not be aware of which goes in Ripples favor so make sure you stick around until the end as you dont want to miss a beat lets start with some background information on Ripple and xrp Ripple the blockchain technology company par of Ripple Labs provides a payment protocol and digital