- County Judge Torres approved the joint party schedule plan.
- The hearing scheduled for September 19, 2022 is very important.
XRP price, Ripple The original code has increased by about 12% in the last 24 hours. The token’s rapid rise pushed into the ranks of today’s top gainers.
Over the past day, most cryptocurrencies have decreased in value somewhat. The total value of all crypto assets is still less than $1 trillion. Bitcoin (BTC) and Ethereum (ETH) are two of the largest cryptocurrencies, and their values have fallen by about 6% and 17%, respectively, in the previous week.
Judgment is expected soon
In the SEC vs. Ripple case, Amicus Curiae, John Deaton, criticized the Securities and Exchange Commission for failing to prevent the price of XRP from rising despite lower investor confidence. He noted that the value of XRP increased by 10% and LBC by 11%. Deaton stressed that the SEC has a problem with all of these tokens.
Although the legal dispute between Ripple and the SEC has entered the summary judgment phase, bullish sentiment toward XRP has been on the rise. County Judge Torres approved the joint party schedule plan. However, the hearing scheduled for September 19, 2022 is very important for the future of the procedure. Both the plaintiff and the defendant submit their submissions with the revisions that were made.
The public will not be able to see actual statements and evidence at this time, attorney James Phelan said. At $1.66 billion, the 24-hour volume of XRP has increased by 39% in the past week. Despite the general downturn in the cryptocurrency sector, its market capitalization remains at $18.7 billion. But a prolonged legal battle between the Securities and Exchange Commission and Ripple has stifled XRP’s price appreciation.
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