 | In its case against the SEC, Ripple seems to stack up the odds in its favor. In the recent hearing, the judge rejected the SEC’s motion to prevent Ripple from pursuing a fair notice defense. Well, this has sent the XRP price up 12% which is currently trading at $0.81 with a market cap of $39.1 billion. Although XRP continues to remain volatile with the broader market correction, today’s move helps its cover all of its last month’s loss. Ripple CEO wrote: “While we would have preferred the cases against Chris and me to end now, the SEC must now prove its claims. We are confident that ultimately all of them will be dismissed”. This could probably mean that the Ripple vs SEC is close enough to its conclusion. [link] [comments] |
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