Ripple claims the SEC's argument to reveal sealed details about financial information and XRP sales are irrelevant to court ruling in remedies phase.

HIGHLIGHTS

  • Ripple files reply opposing the U.S. SEC’s two arguments in the remedies phase.

  • Ripple opposes the SEC's claim that revealing the sealed information is critical and historical contracts are not relevant.

  • The company offers no discounts to ODL customers and ODL-related sales don't impact XRP price.

  • XRP price fell 1% amid crypto market selloff, but rises as market rebounds.

  • XRP options expiry hints at price rise to $0.54.

  • The remedies phase in the Ripple vs US SEC lawsuit is nearly over and the parties now await Judge Torres’ ruling on the actual amount of fines Ripple has to pay for XRP sales to institutional investors.#Megadrop #EarnFreeCrypto2024 #BinanceLaunchpool #BlackRock