This doesn't mean we'll see a settlement in 6-8 weeks. It means that if they do decide on a date, it will have… https://t.co/3bxqCGLyPr
— Eleanor Terrett (@EleanorTerrett) July 17, 2023
Last week, Judge Torres effectively declared XRP not a security and sparked a massive rally for the token and the broader crypto market.
Even though the outcome of the rest of the case is anybody’s guess, the crypto industry believes Ripple’s partial victory provided a watershed moment that could translate into the much needed regulatory clarity.