XRP Lawyer Predicts Early Ruling In Ripple Lawsuit

The crucial lawsuit between US SEC and Ripple is getting intense as many industry leaders are trying to get involved in court proceedings. People concerned with the Ripple lawsuit are expecting that there might be a delay in the Summary Judgement rulings.

Timeline of Xrp

A deep-pocketed crypto investor is abruptly moving a massive trove of XRP worth nearly $150 million over the past weekend. On Saturday, an unknown wallet sent 313,218,270 XRP worth more than $148 million to another unknown wallet, according to the blockchain-tracking platform Whale Alert.

On Monday (31 October 2022), days after FinTech firm Ripple celebrated its 10th anniversary, David Schwartz, who is the firm's Chief Cryptographer and Chief Technology Officer (CTO), gave XRP HODLers an even better reason to celebrate.

Ripple CTO David Schwartz through a recent tweet announced the launch of XLS-20 on the XRP Ledger which will now enable native NFT functions. The company looks forward to the ledger's next chapter.

Coinbase, US based cryptocurrency exchange has come out in support of Ripple in the XRP lawsuit. The crypto exchange has filed a request in the court to submit an Amicus Brief in support of Ripple's Fair Notice Defense.

Crypto exchange Coinbase has filed an amicus brief in support of Ripple (XRP), arguing that the SEC's lawsuit led to retail traders losing $15 billion. The post Coinbase argues SEC's XRP lawsuit caused $15B in losses for retail traders appeared first on CryptoSlate.

In the legal battle between Ripple Labs and the US Securities and Exchange Commission, hardly a day goes by without an exciting news event. The majority of the news is clearly favorable for Ripple and the XRP community.

(XRP Lawsuit News Live): The long running legal tussle between the U.S. Securities and Exchange Commission (SEC) and Ripple has reached the Summary Judgement phase. Both parties have filed motions for summary judgment in the XRP lawsuit.

The long-running Ripple vs SEC case finally seems to be coming to an end with SEC's recent summary judgment filing and Ripple gaining major victory after the US court ordered SEC to hand over Hinman documents. The way the developments are shaping up points heavily toward a possible win for Ripple.

In light of the state of the market, XRP price research reveals a small negative trend. Currently, the price of the cryptocurrency is $0.4545. Over the last 24 hours, prices have fluctuated between $0.45 and $0.47.

Coinbase has filed for permission to submit a brief in the Ripple case that argues the SEC has failed to provide adequate guidance for crypto. The post Coinbase submits amicus brief in Ripple case appeared first on The Block.