Ripple’s legal tussle with SEC; Borroe Finance planning for growth in 2024
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The legal conflict between Ripple and the U.S. SEC is escalating as the agency has requested the court to force Ripple to disclose its financial statements and XRP contracts.
Meanwhile, Borroe Finance (ROE) aims to expand as an AI-based web3 marketplace.
Borroe Finance presale success
Borroe Finance has raised over $2.61 million in its presale.
Investors are exploring the project due to its potential to lower the entry barrier in web3.
In stage 4 of the presale, ROE is available for $0.019, up from the initial price of $0.010.
ROE serves as a governance token for the Borroe Finance ecosystem.
Web3 participants can obtain immediate funding by using their future earnings as collateral. Opportunities for investment will be minted as non-fungible tokens (NFTs). In this way, Borroe Finance aims to address the short-term capital challenge that web3 content creators face due to factors such as irregular payments.
U.S. SEC makes fresh demands
Despite a court ruling that XRP is not a security, the U.S. SEC is seeking more information from Ripple to investigate the matter further.
This latest development suggests that the ongoing legal battle between Ripple and the U.S. SEC is far from over.
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