Ripple vs SEC: Legal Experts Debate XRP’s Price Impact Amid Upcoming Appeals Brief

Quick Summary:

This surge comes as the SEC revealed plans to submit its principal brief in the Ripple appeals case by January 15, 2025.

Instead, he pointed to a common belief that Ripple’s periodic sales of XRP from escrow have suppressed its value rather than boosting it.

This discussion underscores the ongoing debates around XRP’s status and Ripple’s influence on its value.

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Article Details

Author / Journalist: Qadir AK

Category: Crypto

Markets: United States

Topics: Ripple (XRP) News

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-21 @ 05:11:40 (1 days ago)

News Timezone: GMT +8:00

News Source URL: coinpedia.org

Language: English

Article Length: 439 words

Reading Time: 3 minutes read

Sentences: 26 lines

Sentence Length: 17 words per sentence (average)

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

Copyright Owner: © Coinpedia

News ID: 23729073

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Main Topics: Crypto

Official Website: coinpedia.org

Update Frequency: 25 posts per day

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Headquarters: United States

News Last Updated: 8 hours ago

Coverage Areas: United States

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