XRP ranges below $0.53 as traders digest SEC vs. Ripple lawsuit filings and evidence

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XRP is ranging below $0.53 on Thursday as investors continue to digest the recent developments in the legal battle between Ripple and the US Securities and Exchange Commission (SEC).

Ripple and the SEC have filed their reply briefs and supporting evidence, awaiting the court’s ruling in the lawsuit. SEC’s redacted reply brief to Ripple, made public on Wednesday, continued to demand a hefty penalty of $2 billion.

holders, as developments in the legal battle have impacted the altcoin’s price. Both parties have filed their remedies-related briefs, opposing briefs and responses. Redacted versions of the filings and the supporting evidence have been made publicly available on Wednesday. The court is expected to rule on the penalties to be imposed on Ripple for the alleged violation of securities laws in May.

ODL sales, and this is clear from the way that the payment remittance firm has structured its arrangements for the US and other jurisdictions where it holds licenses. It is worth pointing out that Ripple’s current arrangements disclosed in the opposition brief of using USDT or other crypto in the US for ODL and using subsidiaries in other foreign jurisdictions pursuant to licences in those jurisdictions for ODL sales are structured in a way… https://t.

/USDT 1-day chart Looking down, ? therefore facilitates trustless and instant payments on the to power transactions. The ledger is different from other blockchains as it has a built-in inflammatory protocol that helps fight spam and distributed denial-of-service attacks. The

 

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