XRP Price Analysis as SEC Set for Last-Minute Appeal in Ripple Case – What’s Next for Investors?
Arslan Butt is an experienced webinar speaker, market analyst, and content writer specializing in crypto, forex, and commodities. He provides expert insights, trading strategies, and in-depth analysis...
The ongoing legal battle between Ripple and the U.S. Securities and Exchange Commission (SEC) has investors on edge as the SEC contemplates a last-minute appeal, keeping the XRP price under pressure.
Former SEC attorneys Marc Fagel and James Farrell anticipate that the regulator will appeal the ruling in Ripple’s favour, as not doing so could harm its authority. With the appeal deadline fast approaching, the XRP community is left speculating on the outcome.
Attorney Fred Rispoli suggests that the SEC may wait until the final moments to announce its decision, adding to the growing tension. Ripple executives, including CEO Brad Garlinghouse, have denied any intent to settle, and a court stay order is holding the $125 million penalty in limbo.
Tomorrow, in two weeks, is the deadline for the SEC!
If they wanted to appeal, they would have done it weeks ago. Filling out an appeal document takes 15 minutes.
