The XRP price is yet to reaguoti to what crypto spectators term the “biggest event” in the ongoing Ripple lawsuit over the last 18 months. In a major victory for Ripple, the U.S. Securities and Exchange Commission (SEC) has finally complied with the court order to turn over the Hinman documents.
One of the biggest events of the last 18 months for $ XRP with the production of the #Hinmanas emails, yet the price still doesn’t move.
More evidence to the contrary of the @SECGov argument that the price is influenced by @Ripple Pastangos.
— Liam | Coinpresso (@LiamCryptoSEO) Spalis 21, 2022
Ripple generalinis advokatas Stuartas Alderoty atskleidė, kad po daugiau nei 18 mėnesių ir po šešių teismo įsakymų Ripple pagaliau turi Hinmano dokumentus, įskaitant vidinius SEC el. laiškus ir jo liūdnai pagarsėjusios 2018 m. kalbos juodraščius. Tačiau šie dokumentai lieka užantspauduoti nuo visuomenės.
In September, the XRP community cheered when Judge Torres overruled the SEC’s objections and ordered it to turn over the Hinman emails. XRP gained 20% within hours of the news as optimism rose. The XRP price, yet unturned at this recent major victory, remains “surprising” to many.
skelbimai
At the time of publication, XRP was changing hands at $0.44, down 4.40% in the last 24 hours and 11.77% in the past week. The optimism in the XRP community, however, remains, as seen in the positive reactions to the news across the board.
Founder of Gokshtein Media, David Gokshtein wrote, “If I was thinking about buying an entire Bitcoin today, I’ve switched up and am looking at maybe a bag of XRP seeing the news.”
Reactions trail release of Hinman document
Ripple General Counsel Stuart Alderoty believes “it was well worth the fight” to get the Hinman documents. He added, “I’ve always felt good about our legal arguments, and I feel even better now. I always felt bad about the SEC’s tactics, and I feel even worse about them now.”
Ripple CTO David Schwartz, says he has never felt more positive about Ripple’s prospects and that of the entire crypto space than he has in the last six years.
Ripple CEO Brad Garlinghouse tweeted, “The SEC wants you to think that it cares about disclosure, transparency and clarity. Don’t believe them. When the truth eventually comes out, the shamefulness of their behavior here will shock you.”
Interestingly, the legal milestone coincides with Ripple’s tenth anniversary celebration, making it quite significant.
Source: https://u.today/xrp-price-yet-to-react-to-biggest-event-in-ripple-lawsuit-in-past-year