{"id":145624,"date":"2023-08-24T09:22:56","date_gmt":"2023-08-24T07:22:56","guid":{"rendered":"https:\/\/investmentbell.com\/?p=145624"},"modified":"2023-08-24T09:29:05","modified_gmt":"2023-08-24T07:29:05","slug":"xrp-price-rebounds-as-ripple-vs-us-sec-lawsuit-trial-delayed","status":"publish","type":"post","link":"https:\/\/investmentbell.com\/ko\/news\/crypto-currency\/xrp-price-rebounds-as-ripple-vs-us-sec-lawsuit-trial-delayed\/","title":{"rendered":"Ripple \ub300 US SEC \uc18c\uc1a1 \uc7ac\ud310\uc774 \uc9c0\uc5f0\ub428\uc5d0 \ub530\ub77c XRP \uac00\uaca9 \ubc18\ub4f1"},"content":{"rendered":"<h2 class=\"wp-block-heading\">Ripple Vs SEC Lawsuit Trial No Earlier Than May<\/h2>\n\n\n\n<p>Counsel for defendant&nbsp;<strong>Ripple Labs<\/strong>&nbsp;notified Judge Analisa Torres that Ripple has no blackout dates and is available for trial throughout the second quarter of 2024, according to a letter dated August 23.<\/p>\n\n\n\n<p>advertisement<\/p>\n\n\n\n<p>Meanwhile, the&nbsp;<strong>U.S. SEC<\/strong>&nbsp;has submitted their blackout dates for trial in response to the pre-trial scheduling order.&nbsp;The SEC marks their presence throughout the second quarter of 2024, except April 15-19, May 1-7, and May 27-31.<\/p>\n\n\n\n<p>Ripple CEO&nbsp;<strong>Brand Garlinghouse<\/strong>&nbsp;and executive chairman&nbsp;<strong>Chris Larsen<\/strong>&nbsp;have informed Judge Analisa Torres about their unavailability for trial from April 1 to April 14, 2024. Interestingly, Ripple executives have announced dates that coincide with&nbsp;<strong>Bitcoin halving<\/strong>.<\/p>\n\n\n\n<p>Therefore, the trial is likely to happen between April 22-26 or else April end. The SEC will be unavailable mostly in May, with a mid-May order likely from Judge Torres.\u00a0XRP\u00a0community believes the interlocutory appeal motion by the US SEC will fail to bring\u00a0XRP\u00a0price lower as the SEC loses grip on the crypto market. Also, Judge Torres will rule\u00a0XRP\u00a0ODL sales in Ripple\u2019s favor as it is not a security.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">XRP Price Rebounds<\/h2>\n\n\n\n<p>With the\u00a0XRP\u00a0Army and lawyers bullish on Judge Torres ruling in favor of Ripple in the SEC lawsuit. Also, the trial and SEC\u2019s appeal almost a year away,\u00a0XRP\u00a0price rebounded from negative sentiment.<\/p>\n\n\n\n<p>XRP\u00a0price currently jumped 3% in the last 24 hours, with the price currently trading at $0.53. The 24-hour low and high are $0.516 and $0.534. However, the trading volume has decreased by 17% in the past 24 hours.<\/p>\n\n\n\n<p>XRP\u00a0price is trading below 50-MA and 100-MA. Price needs to break above $0.56 in order to have some upside momentum.<\/p>\n\n\n\n<p><a href=\"https:\/\/coinmarketcap.com\/currencies\/channels\/\" target=\"_blank\" rel=\"noreferrer noopener\"><\/a><\/p>\n<div class=\"rate-now\"><span id=\"rate-mypost145624\"><\/span> <span id=\"rate-points\"> 0<\/span><\/div>\n\t\t\t<script type=\"text\/javascript\">jQuery('#rate-mypost145624').raty({\n\t\t\t\thalfShow : true,\n\t\t\t\thalf: true,readOnly: true,score: 0,\n\t\t\t\tpath: \"https:\/\/investmentbell.com\/wp-content\/plugins\/userpro-rating\/images\/\"\n\t\t\t\t});<\/script>","protected":false},"excerpt":{"rendered":"<p>Ripple Vs SEC Lawsuit Trial No Earlier Than May Counsel for defendant&nbsp;Ripple Labs&nbsp;notified Judge Analisa Torres that Ripple has no blackout dates and is available for trial throughout the second quarter of 2024, according to a letter dated August 23. advertisement Meanwhile, the&nbsp;U.S. SEC&nbsp;has submitted their blackout dates for trial in response to the pre-trial [&hellip;]<\/p>","protected":false},"author":13,"featured_media":145625,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[15],"tags":[],"class_list":{"0":"post-145624","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-crypto"},"_links":{"self":[{"href":"https:\/\/investmentbell.com\/ko\/wp-json\/wp\/v2\/posts\/145624","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/investmentbell.com\/ko\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/investmentbell.com\/ko\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/investmentbell.com\/ko\/wp-json\/wp\/v2\/users\/13"}],"replies":[{"embeddable":true,"href":"https:\/\/investmentbell.com\/ko\/wp-json\/wp\/v2\/comments?post=145624"}],"version-history":[{"count":1,"href":"https:\/\/investmentbell.com\/ko\/wp-json\/wp\/v2\/posts\/145624\/revisions"}],"predecessor-version":[{"id":145626,"href":"https:\/\/investmentbell.com\/ko\/wp-json\/wp\/v2\/posts\/145624\/revisions\/145626"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/investmentbell.com\/ko\/wp-json\/wp\/v2\/media\/145625"}],"wp:attachment":[{"href":"https:\/\/investmentbell.com\/ko\/wp-json\/wp\/v2\/media?parent=145624"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/investmentbell.com\/ko\/wp-json\/wp\/v2\/categories?post=145624"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/investmentbell.com\/ko\/wp-json\/wp\/v2\/tags?post=145624"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}