Dubai-Based MContent Partners With PwC to Launch Doc ‘Ripple vs SEC Saga’ in the Metaverse (EXCLUSIVE)
Nick Vivarelli International CorrespondentDubai-based cryptocurrency-based content platform MContent has partnered with PricewaterhouseCoopers (PwC) Middle East to launch its documentary “Ripple vs SEC Saga” in a virtual theater in the metaverse.Produced by MContent and Amsterdam-based Insight TV in tandem with Villain Studios, “Ripple vs SEC Saga” (first look image above) delves into the ongoing case being brought by the Securities Exchange Commission (SEC) since 2020 against blockchain company Ripple Labs.In this landmark case the SEC has accused Ripple of raising $1.3 billion in unregistered digital asset securities by using its digital coin, called XRP. The SEC’s key claim, which is being refuted, is that XRP is not a currency, but a security and therefore subject to strict securities laws.