đ°đš Ripple vs. SEC: Latest Legal Battle Updates đ
đ Focus on Settlement Approaches in the Case:
The court has approved sealing confidential documents in the ongoing Ripple vs. SEC case, including proposed settlement approaches. These filings, aimed at protecting sensitive financial data, could shed light on Ripple's financial standing post the SEC's 2020 lawsuit against XRP sales.
â° New Deadlines and Potential Settlement:
Revised deadlines for submission of summaries and responses have been set. The SEC will present its opening summary on March 22, followed by redacted versions released to the public. The extended timeframe offers hope for a potential settlement before the trial.
đŒ Impact on XRP Price and Timeline:
The legal battle continues to influence XRP's price, with recent news causing a 4.43% surge, now trading at $0.62. Judge Torres's previous ruling that XRP is not a security was favorable for Ripple, but the final decision expected in 2025 could still sway XRP's future amidst uncertainties.
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