SEC and Ripple Trial Scheduled for Q2 2024!
The post SEC and Ripple Trial Scheduled for Q2 2024! appeared first on Coinpedia Fintech News
The Securities and Exchange Commission (SEC) and Ripple Labs are set to go to trial in the second quarter of 2024, according to defense lawyer James Filan. Ripple, the company behind the popular cryptocurrency XRP, has reportedly informed Judge Torres that they are ready for trial at any time during that quarter. The ongoing case centers on whether XRP is a security, and Ripple has argued that it is not. The outcome of the trial could have significant implications for the entire cryptocurrency industry, as it could establish legal precedent for how regulators approach the regulation of digital assets.
