Home » Business » Ripple Wins Major Victory in Court Ruling, Currency Surges 68%

Ripple Wins Major Victory in Court Ruling, Currency Surges 68%

© Reuters.

Investing.com – The digital currency rose more than 68% in moments after a court ruling in its favor was issued before the US Securities and Exchange Commission.

According to reports, the judge ruled that currency exchanges in Rubil do not constitute an offer of investment contracts. This is a huge victory for Ripple after 3 years of running the case before the courts.

With this ruling, the sentiment of the market and the major currencies against which the Securities Commission issued rulings as securities improves.

It is rising by more than 1% now, and is heading towards breaking the $31,000 resistance, and the Ribel currency has risen to become among the five major currencies at the present time in terms of market capitalization.

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2023-07-13 16:25:00
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