2024

April

James

<p>The post <a href="https://coinpedia.org/news/ripple-vs-sec-march-26-make-or-break-date-for-xrp-lawsuit/">Ripple vs SEC: Here’s Why March 26th Could Be Make-or-Break for the XRP Lawsuit</a> appeared first on <a href="https://coinpedia.org">Coinpedia Fintech News</a></p> 
<p>In the crypto world, few clashes have garnered as much attention as the ongoing dispute between <a href="https://coinpedia.org/news/behind-ripples-strategy-schwartz-addresses-xrp-sales-transparency/">Ripple Labs</a> and the <a href="https://coinpedia.org/news/us-lawmaker-highlights-ripple-ruling-a-game-changer-slams-sec-approach-over-crypto-industry/">US Securities and Exchange Commission (SEC)</a>. At the heart of this legal tussle lies the question of XRP’s regulatory status, a debate that has kept the industry on edge.</p> 
<p>As tensions mount, all eyes are on one key date: March 26, which could prove to be the make-or-break moment for Ripple and its native token, XRP.</p> 
<h2 class="wp-block-heading" id="h-the-countdown-begins">The Countdown Begins </h2> 
<p>Recently, James K. Filan, Ripple’s defense lawyer and a former federal prosecutor, took to Twitter to underscore the significance of March 26. In a cryptic tweet, he hinted at a major development in the legal battle, sending ‘ripples’ of speculation through the community.</p> 
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter">
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  <blockquote class="twitter-tweet" data-width="550" data-dnt="true">
   <p lang="en" dir="ltr"><a href="https://twitter.com/hashtag/XRPCommunity?src=hash&amp;ref_src=twsrc%5Etfw">#XRPCommunity</a> <a href="https://twitter.com/hashtag/SECGov?src=hash&amp;ref_src=twsrc%5Etfw">#SECGov</a> v. <a href="https://twitter.com/hashtag/Ripple?src=hash&amp;ref_src=twsrc%5Etfw">#Ripple</a> <a href="https://twitter.com/hashtag/XRP?src=hash&amp;ref_src=twsrc%5Etfw">#XRP</a> The <a href="https://twitter.com/SECGov?ref_src=twsrc%5Etfw">@SECGov</a> has filed, under seal, its opening remedies-related brief and supporting documents. These documents are not public yet. Public, redacted versions will be filed no later than Tuesday, March 26, 2024.</p>— James K. Filan 
   <img src="https://s.w.org/images/core/emoji/14.0.0/72x72/1f1fa-1f1f8.png" alt="🇺🇸" class="wp-smiley" style="height: 1em; max-height: 1em;">
   <img src="https://s.w.org/images/core/emoji/14.0.0/72x72/1f1ee-1f1ea.png" alt="🇮🇪" class="wp-smiley" style="height: 1em; max-height: 1em;"> (@FilanLaw) <a href="https://twitter.com/FilanLaw/status/1771316749641687403?ref_src=twsrc%5Etfw">March 22, 2024</a>
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  <script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script> 
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<p>On March 22, 2024, the SEC quietly filed remedies-related briefs and supporting documents, hinting at progress in the case. The revised version, expected by March 26, could mark a crucial step forward in the legal dispute.</p> 
<p>The “brief for opening remedies” is key in outlining the SEC’s legal and financial demands against Ripple Labs, setting the stage for a high-stakes legal showdown.</p> 
<p>Read More: <a href="https://coinpedia.org/news/ripple-vs-sec-lawsuit-secs-newest-filing-set-for-public-release-date-revealed/">Ripple vs. SEC: Sealed Brief Set for Public Release, Timelines Revealed</a></p> 
<h2 class="wp-block-heading" id="h-key-dates-ahead"><strong>Key Dates Ahead</strong></h2> 
<p>Here’s what to keep track of:</p> 
<ul> 
 <li><strong>March 22, 2024:</strong> SEC submits a proposed decision document.</li> 
 <li><strong>March 25, 2024:</strong> Closed-door meeting between SEC and Ripple.</li> 
 <li><strong>March 26, 2024:</strong> Public release of the revised SEC document.</li> 
 <li><strong>April 22, 2024:</strong> Ripple’s deadline to respond to the lawsuit.</li> 
 <li><strong>April 23-24, 2024:</strong> Intensive discussions on Ripple’s response.</li> 
 <li><strong>May 8, 2024:</strong> Deadline for SEC’s response.</li> 
</ul> 
<h2 class="wp-block-heading" id="h-xrp-price-analysis">XRP Price Analysis</h2> 
<p>Despite regulatory uncertainty, <a href="https://coinpedia.org/price-prediction/xrp-ripple-price-prediction/">XRP</a> remains resilient. With marginal volatility, it’s currently trading at <a href="https://markets.coinpedia.org/xrp/">$0.632</a>, showing a 16% gain over the past month, reflecting investor confidence amidst the legal turbulence.</p> 
<p>Also Read: <a href="https://coinpedia.org/news/ripple-ceo-criticizes-secs-legal-battles-warns-of-losing-war-against-ethereum/">Ripple CEO Slams SEC, Warns Ethereum Battle Threatens USA Crypto Dominance</a></p> 
<p><strong>The future of XRP hangs in the balance. What are your takes on this ongoing legal battle?</strong></p>

Ripple vs SEC: Here’s Why March 26th Could Be Make-or-Break for the XRP Lawsuit

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