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XRP price performanceCoinGape
•Business
Business & Economics
69% Informative
XRP price crashed 5% hours after Judge Analisa Torres denied both parties in the Ripple-SEC lawsuit, the request for an indicative ruling.
Ripple CLO Stuart Alderoty assured that Ripple and the SEC would work collaboratively to address the judge's concerns.
XRP open interest has also tanked 6% to $5.08 billion , while the 24-hour liquidations have crossed to $22.86 million of which $20.37 million is in long liquidations.
The court indicated that both the SEC and Ripple would need to satisfy specific legal requirements to modify her earlier ruling.
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