Hedera Hashgraph (HBARUSD)

[delerious1]

"The Approaching Ripple/SEC Trial
It is worth mentioning that Ripple’s decision to move to new global headquarters comes approximately four months before its grand trial with the US SEC.

The legal battle between the entities started in December 2020 when the regulator sued the blockchain company for allegedly selling more than $1.3 billion worth of XRP as unregistered securities.

The clash was heating in the following years, with a peak occurring in mid-July 2023 when US Federal Judge Analisa Torres ruled that Ripple’s XRP sales from years ago did not constitute an offer of investment contracts.

The magistrates later dismissed the SEC’s wish to appeal the decision and cleared CEO – Brad Garlinghouse – and Executive Chairman – Chris Larsen – of all charges brought by the watchdog.

The trial in April next year is supposed to determine the outcome of the lengthy conflict. A decisive Ripple victory could positively resonate across the entire cryptocurrency sector, whereas an opposite ruling could have a negative impact."

https://cryptopotato.com/important-ripple-xrp-update-four-months-before-the-sec-trial/