Hinman Documents Drive XRP Price Surge and Ripple CEO's Impatience.
TL;DR Summary
XRP prices rose 7.4% as traders bet on a favorable outcome for Ripple Labs in its ongoing lawsuit against the SEC. The gains came as documents related to former SEC director William Hinman were released, suggesting that bitcoin and ether were not securities. Ripple Labs claims that Hinman's remarks mean XRP should not be considered a security, potentially resulting in a favorable outcome for the firm. The SEC sued Ripple in 2020 for selling unregistered securities, impacting XRP prices.
- XRP Prices Jump as Hinman Speech Released in Ripple Labs Filing CoinDesk
- Ripple (XRP) Breaks $0.55 on Hinman Document Release BeInCrypto
- Crypto community with 89% historical accuracy sets XRP price for June 30, 2023 Finbold - Finance in Bold
- Ripple CEO: Hinman docs are ‘well worth the wait’ Cointelegraph
- Ripple CEO on Hinman Emails: "I Don’t Have a Single Polite Word" U.Today
- View Full Coverage on Google News
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