This article was prepared using automated systems that process publicly available information. It may contain inaccuracies or omissions and is provided for informational purposes only. Nothing herein constitutes financial, investment, legal, or tax advice.
Judge Analisa Torres has denied a joint motion by the SEC and Ripple Labs, keeping XRP’s institutional sales restricted. Ripple’s CEO Brad Garlinghouse announced they would drop their cross-appeal, urging the SEC to do the same to conclude the case.
- Judge Torres denied the SEC-Ripple joint motion, upholding restrictions on XRP's institutional sales.
- Ripple's CEO announced plans to drop their cross-appeal, urging the SEC to do the same to finalize the case.
- XRP's price briefly surged 5% post-ruling, with analysts predicting long-term growth up to $15.
📎 Related coverage from: crypto-news-flash.com
Other Tags: Bill Morgan, Judge Analisa Torres, Raoul Paul, Stuart Alderoty, Zach Rector, Ripple Labs