šØ URGENT $XRP LAWSUIT SHOCKER: U.S. COURT PRESSURES RIPPLE ā ALTERNATIVE RESOLUTION DEMAND ISSUED! ā ļø
In a dramatic twist, the U.S. court has just ordered Ripple Labs, CEO Brad Garlinghouse, and top executives to consider a stunning alternative resolution in the Ripple lawsuit, potentially reshaping XRPās future! Hereās whatās happening:
š„ Shocking Court Directive
Rippleās request for a final judgment on class action claims was met with a twist! Judge Phyllis Hamilton has demanded that Ripple and plaintiffs consider a āvoluntary dismissal without prejudiceāāa decision that keeps the door open for re-filing individual claims after a class action appeal. This surprise ruling adds a whole new layer of uncertainty!
The courtās message was clear:
āBy November 4, Ripple and all parties must either file an amended proposed order or notify their refusal to comply!ā
ā ļø Mark Your Calendars ā The Stakes Are Rising
Pretrial Conference: December 19, 2024Jury Selection and Trial: January 21, 2025
Rippleās high-stakes showdown with the SEC is also escalating, with both sides gearing up for an intense appeal in the Second Circuit Court. The SEC has pushed to reinstate charges against Ripple executives Garlinghouse and Larsen, with a final briefing deadline set for January 15, 2025.
šØ Potential Ripple Collapse or Resurgence?
If Ripple opts for the alternative resolution, XRP could avoid a grueling court battle, potentially reducing panic. However, if this shocking directive is rejected, the case could rapidly spiral, putting XRPās fate at unprecedented risk.
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