TL;DR
- Judge dismissed SEC’s appeal in Ripple case, favoring Ripple.
- Lawsuit’s outcome on April 23, 2024, may impact US crypto regulations.
- XRP price spiked to $0.55 post-ruling, then settled at $0.52
The Latest Details
The never-ending saga between Ripple and the US Securities and Exchange Commission (SEC) reached another peak on October 3 after a federal judge dismissed the regulator’s wish to appeal the previous court decision that gave the crypto company an upper hand in the legal battle.
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