Major XRP transfer occurs amid Ripple's legal battle with SEC
Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial experts before making any investment decisions.
The case has seen significant developments in recent weeks. One such development is the issuance of a scheduling order by Magistrate Judge Sarah Netburn, who presides over the Ripple vs. SEC case. Ripple Labs had requested the court to dismiss the SEC's expert submissions, a move that could potentially impact the trajectory of the legal proceedings.
Judge Netburn's order not only grants the SEC an extension until April 29, 2024, to submit their reply but also underscores her continued involvement in overseeing the case. Of particular note is Judge Netburn's recent nomination as District Judge in the Southern District of New York, which signifies her ongoing role in adjudicating the fluctuations on the crypto market. At the time of writing, XRP was trading at $0.5235, marking a modest increase of 1.13%.
Despite market turbulence, XRP has managed to exhibit resilience, posting a gain of over 4.96% in the last seven days. This performance underscores the continued interest and confidence in XRP among investors, even in the face of regulatory uncertainty and legal challenges.With over three years of immersive experience in the crypto industry, Mushumir is a seasoned crypto writer dedicated to unraveling the complexities of blockchain technology and decentralized finance.
Österreich Neuesten Nachrichten, Österreich Schlagzeilen
Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.
XRP Alert: Single Whale Snaps up 32 Million XRP on Major Korean ExchangeTransfer of large amount of XRP from Upbit to unknown wallet has sparked speculation
Weiterlesen »
XRP Alert: 16 Million XRP Bought by Single Whale on Major Korean ExchangeTiming of transactions coincides with rumors of potential settlement between Ripple and SEC
Weiterlesen »
Udio AI Music Raises $10 Million, $6.5 Million For Spines AI, More Sora, Cinematic AICharlie Fink is a consultant, columnist, author, and adjunct, covering AI, XR, and the Metaverse for Forbes. He is the author of the critically acclaimed AR-enabled books Charlie Fink’s Metaverse (2017), and Convergence, How The World Will Be Painted With Data (2019).
Weiterlesen »
XRP Alert: Massive 210 Million XRP Move Sparks IntrigueXRP spurs attention with latest on-chain activity
Weiterlesen »
A sneak peek into a new $10 million Rocky River apartment buildingORRIS in Rocky River is the latest project from the Krueger Group, which partnered with RHM Real Estate Group
Weiterlesen »
Exclusive: The Founder of Starz Lists His Manhattan Apartment for $10 MillionThe seller, John J. Sie, is parting ways with his residence atop New York's Hampshire House. The home has three bedrooms and overlooks Central Park.
Weiterlesen »