US Judge Approves Ripple’s XRP Lawsuit Judgment Request – Latest Crypto News
Great news for XRP fans! In the latest update on the Ripple lawsuit, Judge Phyllis Hamilton has given the green light for a final judgment to be issued. This is a big step forward in resolving the ongoing legal battle.
Both parties in the case have jointly requested to move ahead with the final judgment while keeping a stay on the plaintiff’s class claims. The court has set a trial date for January 21, 2025, for any remaining unresolved matters, with hopes of finding alternative resolutions.
Ripple Labs, XRP II LLC, and CEO Brad Garlinghouse can celebrate a victory as the class claims have been resolved in their favor. The court has encouraged both parties to consider different options to move forward, showing a commitment to finding a fair solution for everyone involved.
As a result of this news, XRP’s market value has seen a significant uptick, climbing to $1.62 before settling at $1.45. Experts believe that XRP could reach as high as $13 in the near future, reflecting growing investor confidence in Ripple and the overall crypto market.
With the dismissal of the SEC lawsuit against Ripple and positive regulatory developments for cryptocurrencies in the US, Ripple executives are feeling optimistic about the future. Pro-XRP lawyer Jeremy Hogan even predicts that the Ripple vs. SEC case could wrap up by early summer 2025, coinciding with the expected departure of SEC Chair Gary Gensler.
Exciting times ahead for XRP enthusiasts! Stay tuned for more updates on this evolving story.
