👉👉👉 $XRP Lawsuit: Lawyer Reveals Reason Behind Delayed Remedies Ruling
XRP Lawsuit Delays: Community Concerns and Speculation
The prolonged XRP lawsuit between Ripple and the SEC has fueled speculation within the crypto community, with investors eagerly awaiting Judge Torres’s decision. Frustration is growing as delays persist, leading to questions about the reasons behind the hold-up.
Insights from Pro-XRP Lawyer Fred Rispoli:
Pro-XRP lawyer Fred Rispoli suggested that the delay could be due to logistical issues such as vacations and heavy caseloads, or potentially more complex legal considerations. He also mentioned that judges Torres and Netburn have likely already discussed an expert issue that won't affect Torres' ruling.
Settlement Rumors:
Rumors of a potential settlement have emerged following a closed-door meeting of the #U.S. SEC, but many market experts believe the case will proceed to a formal conclusion. Ripple remains confident in a fair ruling and stated that the central issue of XRP’s security status will not change regardless of the lawsuit's outcome.
XRP Market Impact:
As of writing, XRP is down 2.06% to $0.5042, with trading volume dropping over 26% to $1.39 billion. The cryptocurrency has experienced a 21% slump over the last seven days amid a broader market selloff but has seen gains of about 16% in the past 30 days.
The XRP community continues to anticipate the lawsuit's outcome, which remains critical to the cryptocurrency's future.
Source - coingape.com
