XRP recedes to $0.5075 on April 29, 2024, when the Ripple-XRP legal war takes a significant turn. While Ripple’s XRP dipped slightly by 2.91% over the last 24 hours, the token experienced major declines of 5.75% and 18.19% in one week and one month, respectively. The SEC-Ripple tussle has its origin in 2020 when the […]
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- XRP has declined by more than 18% in a month amidst crucial developments in the Ripple-SEC lawsuit.
- The XRP Army waits for the SEC to respond to Ripple’s Motion to Strike on April 29, 2024.
- In the Motion to Strike, Ripple requests the court to dismiss SEC’s new submissions supporting its opening brief.
XRP recedes to $0.5075 on April 29, 2024, when the Ripple-XRP legal war takes a significant turn. While Ripple’s XRP dipped slightly by 2.91% over the last 24 hours, the token experienced major declines of 5.75% and 18.19% in one week and one month, respectively.
The SEC-Ripple tussle has its origin in 2020 when the Securities and Exchange Commission (SEC) charged Ripple and its two key executives, Brad Garlinghouse and Christian Larsen, for allegedly raising “over $1.3 billion through an unregistered, ongoing digital asset securities offering.” Though Ripple secured a landmark victory in the case when Judge Analisa Torres ruled in favor of Ripple, the lawsuit took further steps subsequently.
On April 29, the XRP community, better known as the XRP Army, is awaiting the SEC to respond to…
The post XRP Dips 18%+ in a Month Amidst Crucial Legal Developments: Report appeared first on Coin Edition.
