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XRP Lawsuit Summary Judgment May Land This Week, Suggests Case Insider

The ongoing legal battle between Ripple Labs and the U.S. Securities and Exchange Commission (SEC) over XRP is waiting for the U.S. District Court to announce a Summary Judgment, which is expected to make or break Ripple's native crypto, XRP price ahead. Attorney John Deaton, who is involved in the XRP lawsuit, has suggested that a ruling in the case is closer than it appears and could be announced within the next few weeks. He added that a judgment may even be announced this week. Deaton also stated that XRP currently holds the most attractive risks/reward ratio for investors, and even if the SEC wins, Ripple and the defendants can appeal in court and gain the status quo.

(By Ashish Kumar)

XRP XRP $1.44
-1.11%
Ripple SEC XRP
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