Ripple v. SEC case nears conclusion

Ripple v. SEC case nears conclusion
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The Ripple v. SEC case was long hailed as the catalyst that would propel XRP to new heights. 
Unfortunately for the bulls, that isn’t exactly how it has panned out thus far. Ripple Labs Chief Executive Officer (CEO) Brad Garlinghouse announced the end of the case in a March 19 X post.

“This is it – the moment we’ve been waiting for. The SEC will drop its appeal – a resounding victory for Ripple, for crypto, every way you look at it.”

However, the Securities and Exchange Commission (SEC) did not comment on the matter in the weeks following the announcement. In the 48 hours after Garlinghouse’s announcement, XRP had lost $11 billion in market capitalization.
Moreover, macro instability on account of President Trump’s tariff policy led to a sell-off in the wider cryptocurrency market, further extending the losses.
On April 10, the SEC and Ripple jointly filed to have the appeal against Ripple’s original victory held in abeyance — essentially nullifying

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