#XRPUpdate Very Important Ripple (XRP) v. SEC Lawsuit Deadline For Today

$770 million in potential fines for Ripple labs

Judge Analisa Torres has mandated SEC and Ripple to propose a joint brief regarding remedy for the lawsuit,or one will be set for them.SEC seeks a $770 million settlement.

Ripple’s flagship event, Swell, is occurring in Dubai on November 8th-9th,coinciding with the brief,XRP has seen significant announcements,as Africa’s largest payment processor and HSBC adopting XRP for global use and institutional custody.The legal developments and positive news from the Swell conference are contributing to a bullish trend.This phase of the proceedings will ultimately settle the long-running lawsuit.But if they can’t agree by Nov 9,the district court will decide for them.Moreover, the briefs will allow each party present their arguments about remedies.

That will end running headache for Ripple Labs and XRP investors.

Ripple Swell Gathers XRP Boosters in Dubai

The Nov 9 briefing deadline for the Ripple Lawsuit is not the only important event for XRP token holders this week.

There’s also Ripple Swell in Dubai, Nov 8 – 9th. It’s Ripple Labs flagship global conference, bringing together business partners, investors, and XRP token enthusiasts.

So far, there have been some big announcements at this year’s Ripple Swell, for example:

“Major bombshell announcements already made on the opening day of Ripple SWELL 2023 -Largest Payment Processor in Africa will USE #XRP across the world -HSBC one of the largest banks in the world will USE Ripple’s Metaco for Institutional custody”

No wonder XRP token traders are bullish for Ripple price on exchanges this week.

What shall be the out come of this brief shall determine the next phase of the Xrp.Let us know you response in he comment session