๐จ๐ข ๐ง๐ฟ๐ผ๐ป ๐ฆ๐ฐ๐ผ๐ฟ๐ฒ๐ ๐ ๐ฎ๐ท๐ผ๐ฟ ๐ฉ๐ถ๐ฐ๐๐ผ๐ฟ๐ ๐ถ๐ป ๐๐ฒ๐ด๐ฎ๐น ๐๐ฎ๐๐๐น๐ฒ ๐๐ด๐ฎ๐ถ๐ป๐๐ ๐ฆ๐๐ ๐ฎ๐ ๐๐ ๐ฆ๐ฒ๐ฒ๐ธ๐ ๐๐ง๐!๐จ
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๐๐๐ ๐๐ฅ ๐๐ฉ๐๐๐ญ๐:
A New York judge has delivered a significant win for Tron (TRX) by denying the SECโs request to file a supplemental response document in its ongoing lawsuit against the Tron Foundation and its founder, Justin Sun. This victory could pave the way for TRX to challenge its all-time high (ATH) as confidence in the project strengthens.
โก๏ธ Key Details:
Court Ruling: The judge struck down the SECโs legal tactic, signaling a strong defense by Tronโs legal team.Howey Test Debate: The central argument revolves around whether TRX and BTT sales meet the โjoint ventureโ criteria of the Howey Test, which is used to determine if a transaction is an investment contract.
๐ Market Implications:
Bullish Sentiment: This legal win has injected bullish momentum into the market, as investors anticipate further gains for TRX. If the positive trend continues, we could see TRX pushing toward its ATH.Eyes on ATH: With this victory, Tron could be poised to break previous resistance levels, making it a crypto to watch closely in the coming days.
๐ Recommendation:
1๏ธโฃ Hold or Accumulate TRX: Given the legal victory and potential market reaction, consider holding or accumulating TRX as it may attempt to retest its ATH.
2๏ธโฃ Stay Informed: Keep track of ongoing legal developments and market sentiment around TRX.
Risk Disclaimer: DYOR and NFA
#Tron #CryptoLegalBattle #BullishMomentum #CryptoMarketMoves #MtGoxRepayments
