Strike

when

April

Coin

<ul class="news-points"> 
 <li>XRP has declined by more than 18% in a month amidst crucial developments in the Ripple-SEC lawsuit.</li> 
 <li>The XRP Army waits for the SEC to respond to Ripple’s Motion to Strike on April 29, 2024.</li> 
 <li>In the Motion to Strike, Ripple requests the court to dismiss SEC’s new submissions supporting its opening brief.</li> 
</ul> 
XRP recedes to $0.5075 on April 29, 2024, when the Ripple-XRP legal war takes a significant turn. While Ripple’s XRP dipped slightly by <a href="https://coinmarketcap.com/currencies/xrp/" target="_blank" rel="nofollow">2.91%</a> over the last 24 hours, the token experienced major declines of 5.75% and 18.19% in one week and one month, respectively. 
The SEC-Ripple tussle has its origin in 2020 when the Securities and Exchange Commission (SEC)<a href="https://www.sec.gov/news/press-release/2020-338" target="_blank" rel="nofollow"> charged </a>Ripple and its two key executives, Brad Garlinghouse and Christian Larsen, for allegedly raising “over $1.3 billion through an unregistered, ongoing digital asset securities offering.” Though Ripple secured a <a href="https://coinedition.com/ripple-ceo-brad-garlinghouse-is-overwhelmed-by-landmark-xrp-victory/">landmark victory</a> in the case when Judge Analisa Torres<a href="https://www.reuters.com/legal/us-judge-says-sec-lawsuit-vs-ripple-labs-can-proceed-trial-some-claims-2023-07-13/" target="_blank" rel="nofollow"> ruled</a> in favor of Ripple, the lawsuit took further steps subsequently. 
On April 29, the XRP community, better known as the XRP Army, is awaiting the SEC to respond to…
The post <a href="https://coinedition.com/xrp-dips-18-in-a-month-amidst-crucial-legal-developments-report/">XRP Dips 18%+ in a Month Amidst Crucial Legal Developments: Report</a> appeared first on <a href="https://coinedition.com">Coin Edition</a>.

XRP Dips 18%+ in a Month Amidst Crucial Legal Developments: Report

Coin Edition

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