-Ripple v. SEC SEC Update: Key victory for Ripple as court sp
eeds up ruling on XRP lawsuitRipple has received court approval for a quick final ruling in the #XRP lawsuit.
lawyers supporting Xrp predict that the sec lawsuit could be completed by mid-2025, and this will be affected by a change in management.
market analysts are optimistic and predict that XRP could reach an all-time high of 3.38.
#Ripple Labs has won a major victory in the XRP lawsuit. A U. S. court has approved measures to expedite a final decision in the case. The move, which has been in the works for several years, is seen as an important step in resolving cases involving Ripple and its own XRP tokens.
positive for Ripple is that the latest court ruling overturned previous decisions and paved the way for a quicker resolution. According to court documents, both Ripple and the plaintiffs jointly agreed that most of the group's claims had already been settled, so there was no need to delay the court's decision.
However, the court also granted Ripple's request to modify the decision, removing uncertainty about the finality of the case. The court's decision is effective, but 1 case against Ripple will remain pending until the appeal process is completed.
both parties are expected to file a motion to lift the stay within 30 days of the completion of the appeal. In addition to these developments, Ripple has provided an extensive legal costs report that reflects the efforts expended in its defense.
This latest victory follows Ripple's previous success against the SEC, which has impacted the regulatory debate in the US.
Ripple management remains optimistic, viewing these victories as a solid foundation for future growth.
Read us at: Compass Investments