A federal judge has rejected the SEC's bid to appeal its loss against Ripple, the crypto firm associated with the XRP token, saying that the agency had failed to show that there are substantial grounds for differences of opinion.
The chart of the day is brought to you by crypto dot com. The world's fastest growing crypto app. Let's take a look at the chart of the day. A federal judge has rejected the sec's bid to appeal its loss against ripple. The crypto firm associated with the XRP Token saying that the agency failed to show that there are substantial grounds for differences of opinion. Xp's price rallied about 5% on the news earlier this week. The decision isn't a complete loss though for the SEC. A 2024 date was set by District Judge Anneli Torres for other issues that still need resolution. The agency could still try to appeal the entire case following that trial. XRP is currently changing hands around 53 cents up over 3% on the week. That's it for today's chart of the day. I'm Jen Senai. We'll see you next time to unpack more of the data behind top news stories.