TL;DR
- XRP surged 5% after a judge dismissed the SEC’s appeal in its case against Ripple, ruling in Ripple’s favor in July.
- The SEC failed to prove substantial differences of opinion, leading to the dismissal.
- The legal battle continues with a trial set for April 2024, and Ripple has spent over $200 million in legal expenses.
Ripple Scores Another W
In July, the SEC filed an interlocutory appeal against Judge Torres’ decision, stating that there was substantial ground for differences of opinion on the current matter.
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