US SEC’s Attorney Withdraws From XRP Lawsuit
The US Securities and Exchange Commission (SEC) has filed a motion to withdraw one of its attorneys from the Ripple XRP lawsuit. Attorney Guerrier is no longer a part of the lawsuit, but the SEC is still being represented by other counsels. It is unclear whether the attorney withdrew due to disagreements with the SEC’s position.
XRP Price: What Next?
Following the Summary Judgment by Judge Analisa Torres on the sale of XRP tokens, Ripple has experienced increased adoption in the US. Crypto exchanges Coinbase and Kraken have relisted the token, leading to a surge in XRP price. The question now is whether there will be further regulatory developments or progress in the lawsuit that will impact the token’s price.
Hot Take
The withdrawal of the SEC attorney from the Ripple lawsuit adds another twist to the ongoing legal battle. It is uncertain how this will affect the case and Ripple’s position. The relisting of XRP by major exchanges indicates growing confidence in the token’s legal standing. However, future regulatory developments and progress in the lawsuit will continue to impact the price and adoption of XRP. Crypto investors and enthusiasts should closely monitor these developments for potential opportunities and risks.
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