---
title: "Bitnomial sues SEC over claim that XRP is a security"
url: https://diffcoin.com/bitnomial-sues-sec-over-claim-that-xrp-is-a-security/
description: "The XRP token is already regulated as a commodity and the SEC “duplicates and compounds the regulatory burden” by saying it’s a security, Bitnomial said…"
published: 2024-10-11
updated: 2024-10-11
author: "Mila"
site: "Diffcoin"
---

# Bitnomial sues SEC over claim that XRP is a security

The XRP token is already regulated as a commodity and the SEC “duplicates and compounds the regulatory burden” by saying it’s a security, Bitnomial said in a lawsuit.

[Source link](https://cointelegraph.com/news/bitnomial-sues-sec-over-xrp-security-claim?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound)