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The legal conflict between Ripple and the US SEC is escalating as the agency asked 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 pre-sale success
Borroe Finance has increase more than $2.61 million in its pre-sale.
Investors are exploring the project due to its potential to lower the barrier to entry into web3.
In stage 4 of the pre-sale, ROE is available for $0.019, down from the initial price of $0.010.
ROE serves as a governance token for the Borroe Finance ecosystem.
Web3 participants can obtain immediate financing using their future earnings as collateral. Investment opportunities will be generated 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.
The US SEC raises new demands
Despite a court ruling that XRP is not a security, the US 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 US SEC is far from over.
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