XRP Price Stagnation and Uncertainty Looms over Ripple Legal Battle

Monday, 1 April 2024, 09:54

The XRP price remains directionless while Ripple's legal battle faces potential dismissal as two federal judges cast doubts. The ruling from July 2023, which distinguishes between XRP secondary market sales and institutional sales by Ripple, is at risk.
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XRP Price Stagnation and Uncertainty Looms over Ripple Legal Battle

XRP Price Stagnation

The recent trends show that the XRP price is struggling to find a clear direction, creating uncertainty among investors.

Ripple Legal Battle Uncertainty

Two federal judges have signaled potential dismissal of Ripple's legal case, adding to the uncertainty surrounding the company's future.

Ruling from July 2023

  • The July 2023 ruling by the court brought attention to the differentiation between XRP secondary market sales and institutional sales conducted by Ripple.

This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


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