$XRP $XRP ๐จ URGENT: $XRP P LAWSUIT SHOCKER โ U.S. COURT PRESSURES RIPPLE! โ ๏ธ
In a dramatic turn, the U.S. court has ordered Ripple Labs, CEO Brad Garlinghouse, and top executives to explore an alternative resolution in the ongoing lawsuit, which could significantly impact XRPโs future!
๐ฅ Shocking Court Directive
Rippleโs request for a final judgment on class action claims took an unexpected twist! Judge Phyllis Hamilton has mandated that Ripple and the plaintiffs consider a โvoluntary dismissal without prejudice.โ This ruling keeps the door open for re-filing individual claims after a class action appeal, adding uncertainty to the situation.
Deadline Alert:
By November 4, Ripple and all parties must either file an amended proposed order or notify their refusal to comply!
โ ๏ธ Mark Your Calendars โ Rising Stakes
Pretrial Conference: December 19, 2024
Jury Selection and Trial: January 21, 2025
Rippleโs showdown with the SEC is intensifying, with both sides preparing for a challenging appeal in the Second Circuit Court. The SEC aims to reinstate charges against executives Garlinghouse and Larsen, with a final briefing deadline set for January 15, 2025.
๐จ Potential Ripple Collapse or Resurgence?
Opting for the alternative resolution could help XRP avoid a lengthy court battle, potentially easing market panic. However, rejecting this directive might plunge the caseโand XRPโinto deeper uncertainty.
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