Are There Major Developments in the Ripple and SEC Case?

- The legal battle between Ripple and the SEC continues. An important decision was made in August: The sale of XRP to retail investors on secondary markets was not considered a security transaction. However, Ripple will pay a fine of $ 125 million for violating some rules.

- Ripple's annual event Swell will take place in Miami. Major announcements are expected, which could affect the XRP price. 🚀

- The SEC has until October 16 to explain what it is objecting to. This date coincides with the last day of the Swell event.

🔍 XRP is currently trading at 0.54$ .