The legal conflict between Ripple and the SEC continues with recent sealed filings and scheduled court submissions, coinciding with a slight increase in XRP’s price.its remedies reply brief and supporting exhibits under seal. The redacted and public version of the data is supposed to be presented by May 8. Prior to that, both parties should meet and confer to identify redactions sought by each side.advancements scheduled for this month.
XRP’s price reacted positively to the recent advancements, briefly surging to almost $0.57. In the following hours, it retraced to its current level of $0.54 , a 5% increase on a weekly scale.The legal battle between Ripple and the US SEC started in December 2020 when the watchdog accused the company of illegally raising over $1.3 billion in an unregistered securities offering by selling XRP.
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