Following Court Ruling, XRP Price Skyrockets as South Korea Leads the Charge

Quick Summary:

On Aug.8, following the imposition of a $125 million civil penalty on Ripple Labs by a district judge, the firm’s executives and community celebrated the outcome as a “victory.” This led to an uptick in XRP’s trading volume and price.

In the 24 hours leading up to the ruling, XRP rose from $0.

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Article Details

Author / Journalist: Jamie Redman

Category: Crypto

Markets: JapanSouth Korea

Topics: Digital Assets Ripple Labs Price Increase Court ruling Global demand Cryptocurrency Market Updates South Korean market XRP Trading Volume

Source Website Secure: Yes (HTTPS)

News Sentiment: Positive

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-08-08 @ 21:45:04 (10 hours ago)

News Timezone: GMT +8:00

News Source URL: news.bitcoin.com

Language: English

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Bitcoin News

News ID: 21992288

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About Bitcoin News

Main Topics: Crypto

Official Website: news.bitcoin.com

Update Frequency: 17 posts per day

Year Established: 2008

Headquarters: Japan

News Last Updated: 9 hours ago

Coverage Areas: Japan

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Publisher ID: #62

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