CandleFocus Ripple News: Is It Safe Buying XRP Through Grayscale Trust Amid a 10% Chance of SEC Appeal?
2024-09-23
Author: Content Editor
The deadline for the SEC's appeal in the Ripple legal battle is approaching, causing anticipation in the crypto market. Grayscale has re-launched its XRP trust in the US, despite concerns about a potential appeal. Legal analyst Jeremy Hogan believes the SEC has a low chance of succeeding in an appeal. Attorney Fred Rispoli suggests that businesses' confidence and perception of using XRP are key, and if Ripple's customers are confident in using XRPL, they can proceed regardless of the appeal. Ripple must now deliver on their promised actions despite the lawsuit.
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