Ripple XRP Case Update: The closely watched legal battle between Ripple and the US Securities and Exchange Commission (SEC) gained notable traction amid settlement speculation.
XRP price also hit a high of $0.63 last week due to growing settlement speculations and XRP ETF buzz amid various positive developments. XRP especially saw massive trading volumes from Asian crypto markets including South Korea. However, XRP price has since stabilized with the price ranging at $0.60.
Former SEC Lawyer Says Final Ruling In Weeks
The XRP army awaits final judgment in the remedies phase by Judge Torres. However, settlement speculations were suddenly stirred up due to the U.S. SEC’s closed-door meeting, Ripple’s 150 million XRP move, and CEO Brad Garlinhouse’s recent comments on settlement prospects.
Former SEC securities lawyer Marc Fagel said there’s no evidence of a settlement…
