Legal expert breaks silence after major XRP crash

Description

XRP slid 4% over the last 24 hours following a ruling from the U.S. District Judge Analisa Torres, who denied a joint motion from Ripple Labs and the SEC that sought to wrap up key elements of their long-running legal standoff. The decision , filed on June 26, effectively keeps the door open for further appeals and delays a final resolution. Within hours of the ruling, XRP fell from $2.16 to $2.09, erasing more than $5 billion in market capitalization in under 24 hours. At $123.62 billion, it no...