Ripple scored another win in its legal battle against the U.S. Securities and Exchange Commission (SEC) in July when a judge dismissed the SEC’s appeal. The SEC had argued that there were substantial grounds for differences of opinion on the matter, but the judge ruled that the agency had failed to meet its burden of proof.The news was celebrated by the crypto community, and the price of XRP surged 5%. The legal battle is far from over, however, as the judge set April 16, 2024, as the trial date for other pending issues.Ripple has been fighting the SEC since late 2020 and has spent over $200 million in legal expenses. The company is represented by law firm Cleary Gottlieb Steen & Hamilton LLP and executives Brad Garlinghouse and Chris Larsen have said they plan to fight the SEC all the way through.

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Information	Details
Geography	North America
Countries
Sentiment	positive
Relevance Score	8
People	SEC, Brad Garlinghouse, Cleary Gottlieb Steen & Hamilton LLP, Judge Torres, Chris Larsen
Companies	SEC, Cleary Gottlieb Steen & Hamilton LLP, CoinGecko, Binance, Ripple
Currencies	XRP, Bitcoin, Ethereum, US Dollar
Securities	None