Ripple CEO to Face Trial for Allegedly Misleading Investors in 2017: What's Next for $XRP?

Key Insights

-Trial for Ripple CEO: Brad Garlinghouse, Ripple's CEO, will face trial over accusations of misleading investors with optimistic statements about XRP in 2017.

-Allegations: Plaintiffs claim Garlinghouse promoted XRP to investors while simultaneously selling millions of his own holdings.

-Distinct from SEC Case: This trial is separate from the ongoing litigation between Ripple and the SEC.

-XRP Price Dynamics: The cryptocurrency's price has been stable, but a retest of the $0.5 mark could potentially lead to a breakout.