XRP Legal Case Update๐
The SEC has appealed Judge Torres' decision on XRP's status ๐.
Ripple wants the primary lawsuit to move forward despite the appeal โ๏ธ.
The appeal's acceptance can shape the lawsuit's future ๐.
SEC's focus: XRP sales, not the asset itself ๐ต.
SEC's appeal might extend the lawsuit by 3-6 months โณ.
XRP price doubled following the temporary lawsuit conclusion on July 13 ๐.
SEC's appeal might resonate with Coinbase and Dragonchain cases ๐.
Ripple's deadline for the SEC motion response: Sept. 1, 2023 โฐ.
XRP's Market Position:๐
XRP's recent performance: +16% from lows, but -20% this week ๐บ๐ป.
XRP is 50% down from its yearly peak ๐.
XRP price showed resilience, bouncing back 18% after a 28% drop ๐ช.
The SEC has appealed Judge Torres' decision on XRP's status ๐.
Ripple wants the primary lawsuit to move forward despite the appeal โ๏ธ.
The appeal's acceptance can shape the lawsuit's future ๐.
SEC's focus: XRP sales, not the asset itself ๐ต.
SEC's appeal might extend the lawsuit by 3-6 months โณ.
XRP price doubled following the temporary lawsuit conclusion on July 13 ๐.
SEC's appeal might resonate with Coinbase and Dragonchain cases ๐.
Ripple's deadline for the SEC motion response: Sept. 1, 2023 โฐ.
XRP's Market Position:๐
XRP's recent performance: +16% from lows, but -20% this week ๐บ๐ป.
XRP is 50% down from its yearly peak ๐.
XRP price showed resilience, bouncing back 18% after a 28% drop ๐ช.
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