XRP Legal Case Updateπ
The SEC has appealed Judge Torres' decision on XRP's status π.
Ripple wants the primary lawsuit to move forward despite the appeal βοΈ.
The appeal's acceptance can shape the lawsuit's future π.
SEC's focus: XRP sales, not the asset itself π΅.
SEC's appeal might extend the lawsuit by 3-6 months β³.
XRP price doubled following the temporary lawsuit conclusion on July 13 π.
SEC's appeal might resonate with Coinbase and Dragonchain cases π.
Ripple's deadline for the SEC motion response: Sept. 1, 2023 β°.
XRP's Market Position:π
XRP's recent performance: +16% from lows, but -20% this week πΊπ».
XRP is 50% down from its yearly peak π.
XRP price showed resilience, bouncing back 18% after a 28% drop πͺ.
The SEC has appealed Judge Torres' decision on XRP's status π.
Ripple wants the primary lawsuit to move forward despite the appeal βοΈ.
The appeal's acceptance can shape the lawsuit's future π.
SEC's focus: XRP sales, not the asset itself π΅.
SEC's appeal might extend the lawsuit by 3-6 months β³.
XRP price doubled following the temporary lawsuit conclusion on July 13 π.
SEC's appeal might resonate with Coinbase and Dragonchain cases π.
Ripple's deadline for the SEC motion response: Sept. 1, 2023 β°.
XRP's Market Position:π
XRP's recent performance: +16% from lows, but -20% this week πΊπ».
XRP is 50% down from its yearly peak π.
XRP price showed resilience, bouncing back 18% after a 28% drop πͺ.
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