Crypto Flexs
  • DIRECTORY
  • CRYPTO
    • ETHEREUM
    • BITCOIN
    • ALTCOIN
  • BLOCKCHAIN
  • EXCHANGE
  • TRADING
  • HACKING
  • SLOT
  • CASINO
  • SUBMIT
Crypto Flexs
  • DIRECTORY
  • CRYPTO
    • ETHEREUM
    • BITCOIN
    • ALTCOIN
  • BLOCKCHAIN
  • EXCHANGE
  • TRADING
  • HACKING
  • SLOT
  • CASINO
  • SUBMIT
Crypto Flexs
Home»BITCOIN NEWS»XRP News: Why the January 11th Court Hearing Matters for Ripple and the Crypto Industry
BITCOIN NEWS

XRP News: Why the January 11th Court Hearing Matters for Ripple and the Crypto Industry

By Crypto FlexsJanuary 7, 20243 Mins Read
Facebook Twitter Pinterest LinkedIn Tumblr Email
XRP News: Why the January 11th Court Hearing Matters for Ripple and the Crypto Industry
Share
Facebook Twitter LinkedIn Pinterest Email

January 11th has been set for a court hearing in the couple’s case. Ripple and XRP Investor Class In a long-running legal battle. The outcome of the case is very important as follows: another precedent It can be prepared for the cryptocurrency industry and its stakeholders.

Why This Ripple Case Matters

XRP Investor Class Led by Vlady Zakinov Ripple is being accused of selling XRP as an unregistered security. Judge Phyllis Hamilton’s ruling could therefore have several ripple effects throughout the cryptocurrency industry. For starters, other class action lawsuits could be filed against other cryptocurrency companies.

This case is also significant in that it touches on a contentious issue in the legal battle between the two countries. Securities and Exchange Commission (SEC) and Ripple. The Commission is likely to be keeping an eye on this case as it could provide XRP investors with more weapons in their arsenal if they are ruled in their favor. What’s left of their case Against Ripple.

like exposed by Crypto EryA court hearing scheduled for January 11th will focus on a motion approving the form and manner of the class notice, a prominent member of the XRP community said. This means that the court will establish specific legal procedures to guide both parties throughout the case.

Until now, the judge Already approved Class action lawsuit despite Ripple’s claims that there are not enough people to file a lawsuit. If this type of investor ends up winning against the cryptocurrency company, Ripple may have to give up a significant amount of money as compensation.

XRP price at $0.56 | Source: XRPUSD on Tradingview.com

Why this case is a mystery

The XRP community has questioned why this class action lawsuit against Ripple is still in court. Analisa Torres has already ruled. XRP was not a security. Specifically, the judge ruled that the XRP program sale could not be classified as an investment contract.

With this, there appears to be no reason to continue the case, as most of the plaintiffs in the class action lawsuit likely purchased these XRP tokens programmatically. ripple However, as this case progresses, there will likely be reliance on Judge Torres’ ruling.

Meanwhile, as you pointed out XRP Advocate Legal Expert Bill MorganNumber of XRP Investors Supporting Ripple Part of the Amicus Curiae, which is larger than the number of people making up this class action lawsuit. This fact may be something that will be on Judge Hamilton’s mind when he makes his final ruling on the case.

Featured image from U Today, chart from Tradingview.com

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

Cardano is 4% away, saying that Hoskinson will break the Internet.

September 21, 2025

France can break the EU password market with ‘atomic weapons’.

September 15, 2025

Expect what XRP ETF is approved by the SEC

September 9, 2025
Add A Comment

Comments are closed.

Recent Posts

Linea Price Spikes 14% as Swift selects Linea for the pilot

September 27, 2025

Futuromining Reaches $5,700 Daily Income Milestone For XRP Users

September 26, 2025

CoinFerenceX 2025 Unites Global Web3 Innovators In Singapore On September 29

September 26, 2025

Pepeto Highlights $6.8M Presale Amid Ethereum’s Price Moves And Opportunities

September 26, 2025

LYS Labs Moves Beyond Data And Aims To Become The Operating System For Automated Global Finance

September 26, 2025

Dexari Unveils $1M Cash Prize Trading Competition

September 26, 2025

How to solve the XPL perp defect

September 26, 2025

Detect the full execution bug with the induction pursing of Wake

September 25, 2025

KuCoin Appeals FINTRAC Decision, Reaffirms Commitment To Compliance

September 25, 2025

Phemex Revamps Blog To Deliver Deeper Insights And Enhanced Reader Experience

September 25, 2025

T-REX Launches Intelligence Layer To Fix Web3’s Value Distribution Problem

September 25, 2025

Crypto Flexs is a Professional Cryptocurrency News Platform. Here we will provide you only interesting content, which you will like very much. We’re dedicated to providing you the best of Cryptocurrency. We hope you enjoy our Cryptocurrency News as much as we enjoy offering them to you.

Contact Us : Partner(@)Cryptoflexs.com

Top Insights

Linea Price Spikes 14% as Swift selects Linea for the pilot

September 27, 2025

Futuromining Reaches $5,700 Daily Income Milestone For XRP Users

September 26, 2025

CoinFerenceX 2025 Unites Global Web3 Innovators In Singapore On September 29

September 26, 2025
Most Popular

Arcana Network Launches Chain Abstraction SDK to Integrate Multi-Chain Experiences

January 7, 2025

Bitfinex CTO denies rumors of data breach by ransomware group

May 4, 2024

NVIDIA unveils Omniverse Blueprint for real-time physical digital twins

November 19, 2024
  • Home
  • About Us
  • Contact Us
  • Disclaimer
  • Privacy Policy
  • Terms and Conditions
© 2025 Crypto Flexs

Type above and press Enter to search. Press Esc to cancel.