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The end of the SEC Ripple legal saga seems to be close. According to recent developments, presiding Judge Analisa Torres has mandated the top US regulator to accede to the demands of the embattled crypto company. Following the regulator’s 2020 subpoena, the price action of the XRP token has drastically underperformed.
Could the push for a summary judgment aid or harm the Ripple blockchain? Is there a possibility of the XRP token retouching the $1 price peg this week?
Turn Over the Documents
Last Monday, Federal Judge Analisa Torres ordered the Securities and Exchange Commission (SEC) to comply with Judge Sarah Netburn’s court orders to deliver the Hinman document requested by the defendant, Ripple.
According to the Ripple counsel, the document is critical evidence in establishing its argument, as it captures a speech by former SEC director...
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INN caught up with cryptocurrency investment expert Dan Hoover to review the current landscape and where the market may be heading. The cryptocurrency investment marketplace has gone through severa...