XRP Lawsuit News: Hinman Docs To Be Out By This Date?

XRP Lawsuit News: The long running legal battle between U.S. Securities and Exchange Commission (SEC) and Ripple is yet to produce the crucial Hinman speech documents and related e-mails publicly. However, the commission has lost its assertions over the docs.

Timeline of Xrp

The XRP price is largely unchanged today, with its current level of $0.378725 representing a very modest 0.4% rise in the past 24 hours. The altcoin is up by 14% in the past fortnight, but remains down by 16% in the last 30 days, as the ongoing fallout from the FTX bankruptcy continues to weigh down prices.

Since security, reliability, sustainability, and interoperability are very important factors for stablecoin issuers in choosing the best blockchain, XRP Ledger (XRPL) has appeared as the best candidate.

As the sudden collapse of major crypto exchange FTX continues to ravage through the markets across the world, David Schwartz, the chief technology officer of U.S. blockchain company Ripple, believes that only enforcing a system of automatized checks and balances can prevent various crypto executives from repeating the mistakes of the exchange's former CEO, Sam Bankman-Fried. 

A Ripple executive says there is one important lesson from the meltdown of crypto exchange FTX that he “can say with total confidence will not be learned.” The executive added: “Regulation that punishes after the fact won't catch it. Investor due diligence won't either.

Bank of America is reportedly one of the businesses waiting on the sidelines for the end of the U.S. Securities and Exchange Commission's (SEC) case against fintech firm Ripple to join forces with the company and use its $XRP-powered On-Demand Liquidity product.

Ripple's XRP price has been trading within an incremental range despite the market being badly impacted by the FTX fallout. While Bitcoin and Ethereum prices fell dramatically and reached new lows, the XRP price maintained some strength within an ascending range.

While the crypto community has been eagerly focused on the developments surrounding Genesis Trading and Digital Currenc Group (DCG) over the past few days, Ripple Labs continues to battle the U.S. Securities and Exchange Commission (SEC). And the next important deadlines are already looming.

XRP News: XRP, Ripple's native token price has jumped by around 6% as the crypto market saw a broad recovery on Wednesday. However, Ripple published a report about Real estate NFTs on the XRP ledger.

Bank of America is reportedly waiting for the end of the U.S. Securities and Exchange Commission (SEC) court case against Ripple to join forces with the San Francisco-based payments company.

Many reactions have emerged in the crypto space due to the FTX fiasco, the latest one is from the Ripple CTO, David Schwartz. The collapse of the FTX crypto exchange dealt a terrible blow to the crypto industry.