SEC and Ripple Inch Towards Settlement Resolution
SEC and Ripple Inch Towards Settlement Resolution

SEC and Ripple Inch Towards Settlement Resolution

News summary

The Ripple vs. SEC legal battle intensifies as speculations arise regarding a potential settlement. Ex-SEC lawyer Marc Fagel denied settlement talks, while market participants closely monitor developments. XRP's price surged by 26% amidst optimism and increased network activity. Recent legal milestones, including XRP being recognized as a non-security, have influenced market dynamics and investor sentiment. Inflows into XRP investment products surged by 250% in anticipation of the SEC case conclusion, with stakeholders awaiting the outcome of the upcoming closed SEC meeting on July 18.

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