Ripple CLO indicates SEC is less likely to win an appeal, XRP slips to $0.55

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Ripple CLO indicates SEC is less likely to win an appeal, XRP slips to $0.55
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Ripple (XRP) traders are still digesting the outcome of the Securities & Exchange Commission (SEC) lawsuit against Ripple.

Ripple CLO Stuart Alderoty told CryptoLaw in an interview that less than 10% of appeals result in ruling reversals. SEC is less likely to win appeal against Ripple , argues Alderoty. XRP drops to $0.55 on Friday, loses key support at $0.57. Ripple traders are still digesting the outcome of the Securities & Exchange Commission lawsuit against Ripple . Chief Legal Officer Stuart Alderoty spoke to the team at CryptoLaw in a recent interview, which was published on X. XRP lost key support at $0.

60, a psychologically important level for Ripple, if there is a daily candlestick close above $0.5792. Bitcoin, altcoins, stablecoins FAQs What is Bitcoin? Bitcoin is the largest cryptocurrency by market capitalization, a virtual currency designed to serve as money. This form of payment cannot be controlled by any one person, group, or entity, which eliminates the need for third-party participation during financial transactions.

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