Breaking: Ripple Wins & Surges

Dear Reader,

Take that SEC.

On July 13, Judge Analisa Torres handed Ripple Labs a big win in court.

 

A little backstory...

In December 2020, the SEC sued Ripple Labs.

The SEC alleged that the company's native crypto (XRP) is a security. 

Thus, requiring more regulation.

A dramatic three-year long battle began.

Including the release of the "Hinman Documents".

Which did little to prove the SEC was targeting Ripple Labs…instead of…focusing on its main mission of safeguarding U.S. investors. 

Thursday, Judge Torres granted a summary judgment in favor of Ripple Labs.

The ruling states that the XRP token is NOT a security. 

Minutes after the news broke, XRP shot up by 25%. 

These kinds of market-moving events push crypto prices up quickly.

Cointelegraph Markets Pro is built with powerful AI-indicators that spot these events as they happen. 

Investors have a chance to get in lock-step with the market and potentially benefit from price swings. 

Regards,

Russell DeCorte
Director
Markets Pro

© 2023 COINTELEGRAPH MARKETS PRO COINFIDENTIAL.

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