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In the thrilling world of crypto, all eyes are on November 9th as Ripple and the U.S. Securities and Exchange Commission (SEC) gear up for a potentially historic showdown. Judge Analisa Torres has set the stage for what could be the climax of this long-standing battle that began in December 2020.
đ The Latest Chapter: The SEC requested an extension until November 9 to reach an agreement on a briefing schedule regarding remedies. Judge Torres granted the extension, but here's the kicker: if both parties can't agree on the schedule, she's ready to take matters into her own hands!
đ The Crypto Community Awaits: Could this be the turning point we've been waiting for? This lawsuit started when the SEC charged Ripple with violating securities laws in connection with the sale of XRP. Ripple scored a partial victory in July, and the SEC's appeal was also denied. Now, November 9 could be the day of reckoning.
đ Market Buzz: The anticipation has gripped the trading markets too. Open Interest in Ripple futures and options has surged by 48.4% as the date approaches, with investors watching closely for potential market movements tied to the outcome of the SEC-Ripple dispute.
đ RencomNetwork's RNT Makes Waves: In the midst of this legal saga, another cryptocurrency, RNT, has been skyrocketing, gaining over 3000% in the past week. RencomNetwork is set to expand into 130+ countries, including the U.S., and its native token, RNT, has been granted a non-security status by their legal team. Exciting times ahead!
Stay tuned for November 9th - it could be a game-changer in the crypto world! đđ°đ
$XRP #XRPFuture #XRPWin