Judge Torres has received a crucial letter signaling the end of the Ripple SEC case. Kunsak from Sidley Austin LLP has requested the removal of his client, noting that their role as a key witness related to the XRP lawsuit is complete.
Ripple CEO Brad Garlinghouse announced the decision to drop the cross appeal, indicating a shift in focus towards building the Internet of Value. This move comes as the company aims for procedural closure on the long-standing SEC lawsuit.
In reaction to the ongoing developments, XRP has surged nearly 6% in the past 24 hours, trading at 2.56 USD. This increase is accompanied by a notable rise in trading volume, reflecting strong trader interest.
Leave a Reply