Ripple v. SEC: I-Remit goes further with expanded ‘amicus’ appeal
ambcrypto.comThe price of XRP gained more than 4% in the past three days, according to data from CoinMarketCap. During the last seven days,XRP traded for as high as $0.503 before dropping to its current level of $0.493.
Here’s AMBCrypto’s Price Prediction for XRP for 2022-23
Crypto traders’ interest in XRP turned bullish after its parent company recorded a string of victories against the U.S. regulator.
But you ask, what led to this?
As per a report, Judge Analisa Torres reportedly approved I-Remit and Tapjet’s requests to file amicus briefs to defend Ripple Labs in the ongoing SEC vs. XRP lawsuit.
Needless to say, SEC had objected to this outcome because the approved parties were inclined towards Ripple.
Did that opposition work? Well, herein, I-Remit went further in Ripple v. SEC case with an expanded appeal filed. A famed attorney, James Filan shed light on this development in a 13 October tweet.
<p lang=«en» dir=«ltr» xml:lang=«en»>#XRPCommunity #SECGov v. #Ripple #XRP I-Remit, Inc. has formally filed its Amicus Brief in Support of the Ripple Defendants' Motion for Summary Judgment.https://t.co/lKYDwvVzOY— James K. Filan
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