The article discusses the ongoing legal battle between Ripple and the Securities and Exchange Commission (SEC). It mentions that XRP, the cryptocurrency associated with Ripple, experienced a slight gain. The SEC has until the end of the day to respond to Ripple’s opposition filing. If there is no response, attention will shift to Judge Torres and her decision on the SEC’s motion for interlocutory appeal. The article also mentions the SEC v. Coinbase lawsuit and the potential influence of Judge Failla’s decision on investor sentiment. Ripple is acquiring regulatory licenses in the US by acquiring Fortress Trust. The article concludes by mentioning Ripple’s previous acquisitions and its prediction of increased acquisitions in the crypto field.
AI Sentiment: Negative