XRP Ripple news! NO SEC SETTLEMENT: XRP crashing as SEC refuses to settle
21XRP is crashing as the SEC will not settle. February 22 is the date for the initial pre-trial conference.
After a brief recovery, XRP is dropping again. If you bought in at recent lows are you going to cash out your gains? What do you think the outcome will be? Let me know your thoughts in the comments below.
"Counsel for the parties have met and conferred and, having previously discussed settlement, do not believe there is a prospect for settlement at this time. However, the parties will promptly notify the Court if any settlement in principle is reached as to any Defendant. Defendants agree with the statement, but note that previous settlement discussions took place under a previous administration and were principally with relevant division directors who have since left the SEC."
Read the full letter yourself here:
https://www.courtlistener.com/recap/gov.uscourts.nysd.551082/gov.uscourts.nysd.551082.45.0.pdf
"Ripple, SEC Say Settlement Unlikely Before Trial Over Alleged Securities Violation"
https://www.coindesk.com/ripple-sec-say-settlement-unlikely-before-trial-over-alleged-securities-violations
Current XRP price:
https://www.coindesk.com/price/xrp
Other XRP news/articles:
https://finance.yahoo.com/news/ripple-xrp-sees-more-delistings-061128103.html
https://www.coindesk.com/kraken-to-halt-xrp-trading-for-u-s-residents
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