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The SEC v Ripple case has been a major topic of discussion in the cryptocurrency world for the past few months. The case has been ongoing since December 2020, when the SEC filed a lawsuit against Ripple Labs and two of its executives, alleging that they had violated securities laws by selling XRP tokens without registering them as securities.
The latest development in the case came on April 6th, when the SEC filed a motion to amend its complaint against Ripple. In the filing, the SEC argued that Ripple had sold XRP tokens as unregistered securities, and that the company had failed to disclose material information about the tokens to investors.
The filing has been seen as a major victory for Ripple, as the SEC’s motion to amend its complaint could potentially weaken its case against the company. This has led to speculation that the price of XRP could surge in the near future, as investors become more confident in the company’s future prospects.
Indeed, some analysts have suggested that XRP could reach as high as $0.50 in the near future, as the SEC’s filing could be seen as a sign that the agency is not as confident in its case against Ripple as it once was. This could lead to increased buying pressure on XRP, as investors become more confident in the token’s long-term prospects.
Of course, it is important to remember that the SEC v Ripple case is still ongoing, and the outcome is far from certain. However, the latest filing could be seen as a positive sign for Ripple and XRP bulls, and could potentially lead to a surge in the price of the token in the near future.
Just get it over with already.
Very bullish on my xrp bag.
This show recent filing by Ripple Labs in which the company argues that XRP is a currency and not a security, and that the SEC’s case against Ripple Labs is flawed. this filing has given a boost to XRP’s price, with XRP bulls now targeting a price of $0.50.
Why not $1
I hope my grandkids get to see that happen one day.
Feels like this case is ongoing for ages now
I have high hopes but still hesitant to add more to my bag
I think this case will go to trial, which will take the case to a long trip like Elon’s car in space. I hope I won’t be right.
Still really far from ATH.
It’s looking good for XRP lately, bullish and hopeful for the team and the holders
I think the bulls are targeting a fuck load higher than that.
Xrp needs to see aths again I feel for the gang
it feels like its been draggin forever, i swear i’ve read “Ripple vs Sec is about to end” so many times now. Its going to be huge when the veredicts is finally here
Its going way past that in a bull market though, especially if it beats its SEC trial.
Xrp sub going wild lmao. A lot of $3 copuim
And yet an earlier article said next target was around $1.40
Where do all these “analysts” pull these numbers from
Do you have any idea how many of these headlines I’ve seen for like the last 2 years? “Ripple vs SEC case ending soon’ lol.
I have a friend who holds a lot of XRP, so I do hope XRP pumps well for his sake. The lawsuit has been going on for ages too.
Though I don’t own any xrp, still want to see SEC get a hit
The SEC case may also end when GTA6 drops
What is the easiest way to get XRP if you are in the US?
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The SEC are already teetering on the verge of collapse. Now, they’re trying to bite off more than they can chew by antagonising CB as well. XRP should deal the finishing blow now.
XRP was “targeted” to hit $589 at some point. Let that sink in before you drink the kool-aid.
The legend tells that this is the latest SEC filling before veredict
Feels like this case has gone on forever really makes me wonder what will happen when it comes to a close
Ia it happening? Is the ice age over?