XRP (RIPPLE) LAWSUIT IS THE END IN SIGHT! COULD IT HAPPEN IN APRIL 2022? 🔥
XRP (RIPPLE) LAWSUIT IS THE END IN SIGHT! COULD IT HAPPEN IN APRIL 2022? 🔥
Attorney Jeremy Hogan of the Ripple community believes that the SEC’s lawsuit against the payments giant could be finalized by April 2022. This has fueled a bullish narrative for Ripple price.
SEC vs. Ripple case could draw to a close soon
Hogan, a proponent and US legal counsel for the XRP2 project believes that the case could draw to a close soon. Brad Garlinghouse, CEO of Ripple is hopeful that the Securities & Exchange Commission’s (SEC) case could close in April 2022.
The Ripple CEO spoke in a CNBC interview, updating users on the progress made by the global payments firm in 2021. Garlinghouse said,
We're seeing pretty good progress despite a slow-moving judicial process.
Judge Sarah Netburn had authorized the deposition of William Hinman, a former SEC official in July 2021. Proponents believe that the court rulings are proceeding in favor of Ripple so far. Expert discovery in the SEC vs. Ripple case is scheduled for January 14, 2022.
Both the SEC and Ripple had filed a motion to push discovery to mid-January 2022.
Analysts at the YouTube channel CoinsKid are bullish on Ripple price. Analysts are eyeing a continuation of the altcoin’s uptrend and set a target of $27 based on their technical analysis.
Enjoy the video! Stay safe everyone.
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