Ripple Case: Is it really the 'Endgame' or just a 'False Alarm'?
Recently, have you all seen that viral tweet claiming the Ripple case will conclude on Thursday? Upon closer inspection, that tweet was from March, completely old news, which can be quite confusing! This operation makes one wonder if someone is intentionally hyping this matter?
Looking back, the dispute between Ripple and the SEC actually has had some resolutions; Ripple has agreed to pay a fine, and the court has ruled that XRP is not classified as a security. However, the final documentation and formal withdrawal have not yet been confirmed by the SEC. Don't rush, and don't be misled.
Although some predict that once the case is completely resolved, institutional acceptance of XRP will greatly increase, and the price might rise accordingly, it is still too early to declare an 'endgame.' We need to wait for the SEC's formal statement. Don't let this 'false alarm' confuse you!