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Ripple President Hopeful of a Win in XRP Lawsuit, Predicts When Decision Will Be Pronounced

Ripple's President, Stuart Alderoty, has expressed hope that the company will win its ongoing legal battle with the Securities and Exchange Commission (SEC) over the status of XRP. Alderoty has also predicted that a decision in the case will be pronounced in the coming months.

The SEC filed a lawsuit against Ripple in December 2020, alleging that the company had conducted an unregistered securities offering by selling XRP to investors. Ripple has denied the allegations and has been fighting the lawsuit in court.

Alderoty's comments suggest that Ripple is confident in its case and is hopeful that the court will rule in its favor. The article notes that a decision in the case is expected in the coming months, although the exact timing is uncertain.

(By Solomon Odunayo)

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