Here are the latest news about XRP ¹:
- The upcoming court ruling on the sealing motions may not directly affect the decision regarding the penalties Ripple faces for breaching US securities laws.
- However, sensitive information relating to Ripple’s financial statements and counterparty agreements could affect Ripple’s business relationships and XRP adoption.
- SEC rebutted Ripple’s arguments about releasing sensitive information, including financial statements, saying that the documents constitute judicial documents.
- The SEC vs. Ripple case outcome will influence buyer appetite for XRP. However, SEC plans to appeal the Programmatic Sales of XRP ruling remain an XRP headwind.
- Amidst increasing scrutiny of the SEC vs. Ripple case, US lawmakers remained under the spotlight.#pizzaday #ETHETFS #PEPE #btc70k #altcoins