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The legal proceedings between Ripple and the SEC are scheduled to open on April 23, and the result may affect the value of XRP

The legal proceedings between Ripple and the SEC are scheduled to open on April 23, and the result may affect the value of XRP

2024/03/14 11:51

The Ripple vs. SEC XRP lawsuit is scheduled for trial on April 23rd, with Ripple securing three partial victories since 2023. The final decision may be delayed until 2026, which could have a significant impact on the value of XRP. The SEC accuses Ripple of illegally raising $1.3 billion through unregistered securities, while Ripple argues that its tokens are currencies not under the jurisdiction of the SEC. The start of the trial does not necessarily mean a resolution this year; the final judgment may come in summer 2024 or be postponed to 2026.

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