Ripple Labs, the renowned blockchain giant, is set to host a grand celebration in New York City, marking its significant legal victory over the Securities and Exchange Commission (SEC). The company took to social media to announce the festive event scheduled for September 29, 2023. Enthusiasts and supporters are eagerly awaiting more details, which Ripple promises to unveil soon.
Read CRYPTONEWSLAND onIn the meantime, the legal battle between the SEC and Ripple is yet to reach full closure. A court hearing has been slated to address the SEC’s allegations against Ripple executives Brad Garlinghouse and Chris Larsen.
The regulatory body accuses both Garlinghouse and Larsen of facilitating Ripple’s distribution of XRP without proper registration as a security. The trial is anticipated to kick off in the second quarter of 2024.
The future looks incredibly promising for Ripple and its cryptocurrency, XRP. With the legal challenges behind them, both are poised to redefine the crypto landscape, fostering innovations and partnerships that could revolutionize cross-border payments and blockchain technology.
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