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December 12, 2024

Ripple Faces New Challenges in Latest XRP Lawsuit Update

The ongoing XRP lawsuit has entered a critical phase as Ripple Labs faces a proposed order from plaintiffs in the class action case titled In re Ripple Labs Inc Litigation. The latest development includes appeals filed in the Ninth Circuit Appeals Court, coupled with challenges against the bill of costs in California’s district court. Ripple’s legal landscape continues to evolve, with a key deadline looming for the principal brief in the case against the SEC set for January. Investors should keep a close eye on these proceedings as they could significantly impact Ripple’s direction and the broader market sentiment regarding XRP.

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