🎉 Ripple scores another win! XRP surged 5% after a judge dismissed the SEC's appeal in its case against Ripple in July. The SEC failed to prove substantial differences of opinion, leading to the dismissal. But hold your horses, the legal battle continues with a trial set for April 2024, and Ripple has already spent over $200 million in legal expenses. 🚀
🥊 This legal battle between Ripple and the SEC has been the largest in crypto history, starting in late 2020. Most crypto projects that confronted the SEC ended in settlements, but Ripple's execs, Brad Garlinghouse and Chris Larsen, plan to fight the SEC all the way through. 💪
👩⚖️ So far, Ripple has spent more than $200M in legal expenses, represented by law firm Cleary Gottlieb Steen & Hamilton LLP. Keep an eye on this space for more updates on the Ripple vs. SEC saga! 🍿