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Ripple’s Chief Legal Officer touched upon the recent rumors of a settlement between the company and the US SEC, outlining key court dates set for April and May.
The trial between the entities is set to begin on April 23 and could significantly influence the future price of XRP and the broader cryptocurrency market.An important event related to the legal spat between Ripple and the United States Securities and Exchange Commission recently hinted that a settlement between the two entities could be just around the corner., both parties had a final pretrial conference before Judge Netburn on April 16.
“There is no final pretrial conference because the SEC dismissed the charges against Brad Garlinghouse and Chris Larsen,” Alderoty concluded.A positive outcome for Ripple might trigger a bull run for XRP, whereas the opposite scenario could hamper the progress of the crypto industry and lead to the implementation of stringent rules.
Those willing to explore the details of the legal battle and how exactly it may impact the asset’s valuation, feel free to take a look at our latest dedicated video below:AI Will be One of those Areas Where Blockchain has Genuinely Improved: Flare Network’s CEO Hugo Philion One Weekly Email Can Change Your Crypto Life.Disclaimer: Information found on CryptoPotato is those of writers quoted. It does not represent the opinions of CryptoPotato on whether to buy, sell, or hold any investments.
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