New Date Notice From SEC Litigation: How Will Ripple (XRP) Be Affected?
#Ripple lawyer Deaton for the Ripple-SEC case, which has been going on for more than a year, says that the end is now near and the court will conclude by the end of March.
https://unsplash.com/photos/DZpc4UY8ZtY
The famous lawyer of Ripple (XRP) , John Deaton, conveys that the #SEC case can now be ended and the court decision can be announced by the end of March. Earlier, Ripple officials also made predictions and reported that the court could end by November. However, Attorney Deaton states that he expects this period to shorten by the end of March.
⏬Result by the end of March⏬
As a reason for this, Deaton states that federal judges twice a year present lists containing motions to Congress for cases pending for 6 months or more, so Judge Torres will make a quick decision to exclude Ripple from this new list, which will be presented on March 31. . Likewise, Ripple CEO Brad Garlinhouse explains that Ripple is now waiting for the decision. However, the court has yet to reach a verdict, and Judge Torres has also not considered Ripple witnesses' request to dismiss the case.
On the other hand, Ripple investors are waiting for the results of the reassessment process, which is considered the most important move in terms of litigation. Lawyer Deaton underlines that along with these developments, the latest documents will play a major role in the case. Ripple investors and supporters are making hand signals with the cross, the logo emblem of XRP, and closely following the developments in this process.
⏬XRP In This Process⏬
With the SEC suing Ripple , XRP took a big hit and upset its investors with its downtrends. Ripple, which has been experiencing instantaneous recovery and declines, as in all altcoins, is experiencing a recovery after the executive decree that Biden said he will sign for crypto and digital assets. At the time of this writing, Ripple (XRP) is trading at $0.75, up close to 4%.
It is not known when the SEC -Ripple case, which has been going on for more than a year, will end, but Ripple attorney Deaton predicts the court's decision to come by the end of March. With these and similar developments, the XRP ecosystem also follows the events with a more optimistic perspective.