It seems that Ripple and the Securities and Exchange Commission (SEC) will only be available for further negotiations in the second quarter of 2024, and thus only after the Bitcoin (BTC) halving. So what could this mean for the XRP price action?

While the judge has granted a partial victory to the Ripple Labs, the legal battle is far from over. This is still a long way off, and a resolution seem likely only from the second quarter of 2024.

Ripple and SEC Consult Diaries

A new trial date is emerging in the ongoing legal battle between Ripple and the SEC. Since both parties’ available dates do not overlap earlier, the most likely trial date is between April 22 and 26 – just after the Bitcoin halving.

As Ripple wrote in a letter dated Aug. 23 to the responsible judge, Analisa Torres, the company will not be available until the second quarter of 2024. In addition, CEO Brad Garlinghouse and chairman of the Ripple board Chris Larsen will not be available from April 1 to April 14.

The SEC, on the other hand, gave specific dates it was unavailable: April 15-19, May 1-7, and May 27-31, 2024.

It can be clearly seen from these dates, the week of April 22-26 seems almost inevitable. Otherwis

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Author: Harsh Notariya

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