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‘Unfriendly’ Court Ruling Forces XRP to Touch Key Support – $1.9 Next?
XRP (XRP) has gone down by nearly 3% in the past 24 hours and currently sits at $2.08 after Judge Analisa Torres rejected a motion to lower Ripple’s fine in its long-standing case against the U.S. Securities and Exchange Commission (SEC). With the support of a now crypto-friendly SEC headed by Paul Atkins – Trump’s newly appointed Chairman at the regulatory agency – Ripple sought to alleviate the impact that these cases will have on its finances. However, Judge Torres denied the petition as she believed that the conditions that initially justified imposing such a fine had not changed. Judge Analisa Torres ... (full story)
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