🚨 XRP faces the truth of its case against the SEC, we will now know the 3 most likely scenarios for Ripple and XRP ! 🔥

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👇 What are we going to talk about in today’s XRP video?

⏰ CHAPTERS:

0:00 XRP News today
1:17 The review from last January found that Ripple XRP very well could reach $5
2:23 XRP vs SEC case
4:07 XRP is not a security
7:35 Ripple Blockchain
9:10 XRP vs SEC Case could finish in Q1 2023
10:36 Ripple CEO explained what will happen if XRP loses the case
12:30 XRP price prediction in the short term
14:14 CEO Brad Garlinghouse said that Ripple already has an active business
15:00 Conclusions

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As expected, XRP never crossed the $5 line in 2022. Next year may be a different story, Have you ever thought about the essence of the Ripple VS SEC lawsuit?

What comes to your mind at first thought; Will XRP lose to SEC? Will XRP prevail? Or are we going to see a settlement? What exactly will be the fate of XRP? Will Ripple end up like its ally LBRY? Well, you don’t need to worry anymore, in this video, we will be giving detailed review and outcomes concerning the Ripple vs SEC lawsuit.

The review from last January found that Ripple very well could reach $5 per token, but not quickly. There were too many roadblocks ahead, dominated by the lawsuit filed by the Securities and Exchange Commission in 2020. The legal wheels often grind slowly, and this lawsuit is no exception.

As a result, Ripple’s prices trended downward all year long under the weight of macroeconomic concerns and the uncertainty of the SEC’s suit. The XRP token has taken a 56% haircut year to date, In other words, my guidance has been on target so far.

The two parties have filed most of their legal documents, with one last flurry of requests and opposition to redactions, and document sealing coming up in January. 

The final ruling is probably several months away since the so-called Daubert Motions that are still awaiting their final papers usually signal a final judgment roughly three months later. However, that gap is not written in stone, and cases involving securities and or commodities are among the slowest post-Daubert processes.

So, you might be wondering, what the next step will be; Even so, the SEC lawsuit is likely to reach its conclusion in the first half of 2023. When it does, a Ripple-friendly outcome would send the XRP token skyrocketing, while a ruling in favour of the SEC argument would have the opposite effect. In either case, this case will have wide-ranging effects on the cryptocurrency market.

Let’s take a look at what might happen if XRP prevails over the SEC.
On Dec. 12, 2020, the U.S. Securities and Exchange Commission brought what crypto followers consider one of the most consequential enforcement actions related to the sale of cryptocurrency since the industry’s inception. The lawsuit is against Ripple Labs, Inc., creator of the XRP token—which was at the time one of the top cryptocurrencies by market capitalization at $27 billion. By the end of the month in which the complaint was filed, Ripple’s market capitalization dropped to $16 billion.