Understanding the Ongoing SEC and Ripple Legal Tussle
Author: Madilyn RobinsonRipple Chief Legal Officer Stuart Alderoty then commented the post, agreeing to disagree with regards to the judicial clarity of the digital asset as a non-security, although asserting that XRP does stand as the only such asset.
Meanwhile, lawyer Jeremy Hogan listed several timelines for the conclusion of the case, suggesting that the SEC would try to push its attempt to a trial after April of 2024 and an appeal ruling no earlier than June of 2027.
The XRP token, as of writing, is valued at $0.514, recording losses of 1.5% on the day, 1.32% across the past week, and gaining 2.15% in the last month as of October 9. This major altcoin is poised to remain the focal point of the long-running court insurgent in the near future.