Jungle

James

Coin

<ul class="news-points"> 
 <li>A crypto analyst suggested that the SEC’s appeal could impact the price of XRP.</li> 
 <li>The SEC’s argument about Judge Torres’ decision is “laughable,” said James Filan, a defense lawyer.</li> 
 <li>Ripple is allegedly deliberately attempting to extend the legal case to maintain the sale of XRP.</li> 
</ul> 
The legal case between the U.S. Securities and Exchange Commission (SEC) and Ripple started in December 2020, when the SEC alleged that Ripple sold XRP in an unregistered security offering to investors. Since then, there have been many rulings, appeals, and opinions on the case, as many believe if Ripple wins, it could advance the crypto industry. 
Here are the latest highlights and developments from the case and what has happened in the previous week: 
<h2 class="wp-block-heading" id="h-september-11">September 11</h2> 
Crypto analyst Jungle Inc. 2.0 shared on X that the SEC’s appeal in their case against Ripple could impact the price of the token. In a tweet shared on September 11, the analyst stated that XRP’s price could drop by <a href="https://coinedition.com/xrp-dropping-another-30-40-is-inevitable-predicts-analyst/" rel="noopener noreferrer nofollow">30-40%</a> in a bearish scenario. 
If events changed, according to the analyst’s bullish scenario, XRP could continue to trade above $0.40. 
The post <a rel="noopener noreferrer nofollow" href="https://coinedition.com/ripple-vs-sec-key-developments-from-the-past-week/">Ripple vs. SEC: Key Developments from the Past Week</a> appeared first on <a rel="noopener noreferrer nofollow" href="https://coinedition.com">Coin Edition</a>.

Ripple vs. SEC: Key Developments from the Past Week

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