The court ordered the SEC to submit the principal brief in the Ripple lawsuit by January 15, 2025.
21Shares filed for XRP ETF, while Ripple executives hired new attorneys for the case.
Shiba Inu experienced a 253,000% surge in burn rate, indicating a potential price surge.
The crypto market saw big changes at the start of November 2024. With the U.S, elections coming up, the global crypto market grew to $2.29 trillion, a small but substantial rise of 0.24%. The Securities and Exchange Commission’s (SEC) upcoming opening brief deadline, Ripple executives’ attorney, increasing XRP ETF demand, and Shiba Inu’s big jump in burn rate also made headlines over the week.
Updates on the Ripple Lawsuit
The US Court of Appeals for the Second Circuit gave the SEC more time to submit its main brief. In a court order issued October 31, the judge ordered the SEC to file the brief by January 15, 2025.
In another development, Ripple CEO Brad Garlinghouse and co-founder Chris Larsen made a new move to defend themselves against the SEC. At the end of October, they hired new attorneys to fight the SEC’s charges. Larsen replaced his law firms with the same team th…
The post Crypto News Roundup: Market Growth, Ripple Updates, SHIB Burns appeared first on Coin Edition.
