Today’s The Day? Pro-XRP Lawyer Discusses Potential Ripple-SEC Ruling
Prominent pro-XRP lawyer Fred Rispoli predicted a significant turning point in the Ripple-SEC legal battle on July 31, 2024. A pending motion to strike new expert materials introduced by the SEC could influence the scope of remedies and penalties. Rispoli's prediction and engagement from the XRP community have sparked intense discussions. The case continues to impact XRP's price, which surged by 8.5% in the past 24 hours. Ripple CEO Brad Garlinghouse criticized the SEC's approach, while market speculators are eyeing a potential breakthrough settlement meeting between Ripple and the SEC on August 1. Additionally, the SEC's recent withdrawal of its request to classify tokens like Solana, Cardano, and Polygon as securities may impact the case and XRP's price. At present, XRP trades at $0.65.
