🚀 Good news for Ripple fans! Judge rejects SEC appeal in Ripple case, favoring Ripple. This decision made the price of XRP jump to $0.55, then stabilize at $0.52.
The latest peak in the long saga between Ripple and the US Securities and Exchange Commission (SEC) occurred on October 3 after a federal judge rejected the regulator's desire to appeal an earlier court ruling in favor of the crypto company.
The judge ruled that Ripple's sale of XRP several years ago was not considered an offer of an investment contract.
This decision adds to the enthusiasm of the XRP community that absolute victory is only one step away. The hearing between Ripple and the SEC is scheduled for April 23, 2024 and the outcome could have a major impact on the crypto sector and the regulatory environment in the US.
How do you react to this news? Are you optimistic about the future of Ripple and XRP? Share your opinion in the comments column! 😄