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XRP Takes Impact as Ripple, SEC Enter Final Pre-trial Conference Today

Published 04/17/2024, 02:40 AM
Updated 04/17/2024, 02:45 AM
XRP Takes Impact as Ripple, SEC Enter Final Pre-trial Conference Today
XRP/USD
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  • The lawsuit between Ripple and the SEC could settle within the next 24 hours.
  • Legal counsels of both parties must appear for a final pretrial conference today.
  • As anticipation for settlement grows, XRP crashes by 2.2% in the last 24 hours.

Widely circulated court documents concerning the legal case of Ripple and the SEC suggest that both parties could settle within the next 24 hours. In particular, the court document endorsed by District Judge Analisa Torres stated that on April 16, 2024, the legal counsels of the SEC and Ripple must appear for a final pretrial conference in a courtroom in New York.

With the conference set for today, anticipation has been building within the crypto community about the potential outcome. In addition, the document specifies that before the scheduled pretrial conference, legal counsels representing Ripple and the SEC must meet in person for at least one hour to explore potential settlement options regarding the case.

As a result, prominent XRP community members like Ashley Prosper have expressed that Ripple and the SEC have settled. This view is backed by a series of events related to the SEC’s legal actions that have u…

The post XRP Takes Impact as Ripple, SEC Enter Final Pre-trial Conference Today appeared first on Coin Edition.

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