Coin

<ul class="wp-block-list news-points">
 <li>Ripple’s XRP legal victory may face appeal challenges, affecting its market outlook.</li>
 <li>The recent XRP price drop coincides with market turbulence and a negative PMI report.</li>
 <li>Chris Larsen’s political endorsement may impact investor sentiment amid regulatory fears.</li>
</ul>
The legal status of XRP, Ripple’s cryptocurrency, remains uncertain, especially after recent court rulings. While a judge’s finding on XRP’s nature was a win for Ripple, the decision could be challenged on appeal, and its implications under Australian law are unclear.
In Australia, the notion that a judge’s finding on the nature of <a href="https://coinedition.com/ripple-general-counsel-remarks-sec-wants-to-remake-the-law/" rel="noopener noreferrer nofollow">XRP</a> could not be treated differently on appeal is not absolute. If the ratio and reasoning behind a decision are not accepted on appeal, the obiter, or the comments made as part of the judge’s reasoning, could be revisited and potentially altered.
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 I don’t know about the US but the notion that the judge’s finding on the nature of XRP itself cannot to the subject of different treatment on appeal would not be absolute in Australian law. Obiter that is part of the reasoning leading to the ratio could be treated differently on… <a href="https://t.co/f1WHpv80y1" target="_blank" rel="noopener noreferrer nofollow">https://t.co/f1WHpv80y1</a>— bill morgan (…
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The post <a href="https://coinedition.com/xrps-uncertain-future-legal-wrangling-and-market-turbulence/" rel="noopener noreferrer nofollow">XRP’s Uncertain Future: Legal Wrangling and Market Turbulence</a> appeared first on <a href="https://coinedition.com" rel="noopener noreferrer nofollow">Coin Edition</a>.

XRP’s Uncertain Future: Legal Wrangling and Market Turbulence

Coin Edition

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