Bitnomial Files Lawsuit Against SEC 🚀

- Bitnomial has filed a lawsuit against the SEC and five of its commissioners, alleging excess of authority.

- The complaint challenges the SEC’s classification of XRP as a security.

- Bitnomial argues that XRP is not an investment contract and that XRP Futures should not be classified as a security futures.

- CEO Luke Hoersten said the lawsuit will set a precedent for all digital assets.