#XRPnews .....
$XRP The ongoing lawsuit between Ripple and the SEC is nearing its end, with the SEC holding a closed-door meeting today that could potentially conclude the case. Here's what's happening:
- *Current Status*: Ripple has fulfilled its obligations by paying a $125 million penalty and dropping its cross-appeal. The SEC's next move will determine the case's outcome.
- *Possible Outcomes*:
- *SEC Drops Appeal*: If the SEC withdraws its appeal, the case could be closed soon, potentially paving the way for a final resolution.
- *No Immediate Resolution*: Despite speculation, the SEC might not make a decision today, and the case could linger until the August 15 status report deadline.
- *Market Impact*: XRP's price has been affected by the uncertainty surrounding the case, with a current price of $2.95 and a 6.04% decrease in the last 24 hours.
- *Next Steps*: Ripple is expected to file final dismissal papers ahead of the August 15 deadline, which could bring updates on the case's status.
- *Community Sentiment*: The $XRP community is eagerly awaiting a resolution, with many speculating about a potential conclusion to the SEC's case
#TrumpTariffs #MarketPullback #WhiteHouseDigitalAssetReport #MarketPullback
