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Disclaimer: The Industry Talk section Features insights by crypto industry players and is not a part of the editorial content of Cryptonews.com. Investors remain uncertain about the ongoing&nbsp ;Ripple vs. SEC battle, so the XRP price prediction remains neutral. Jake Chervinsky, Executive Vice President and Head of Policy at Blockchain Association, Advisor at Variant Fund, and Board Member at DeFi Education Fund remarked that the opinions of the US SEC are "wrong as a matter of law and policy." Recalling that on 22 December 2020, the SEC "filed a case against Ripple Labs Inc. and two of its executives, who are also significant security holders, charging that they raised over $1.3 billion through an unregistered, ongoing digital asset securities offering"? The SEC is now suing Ripple, and yesterday, the Blockchain Association filed an amicus brief supporting a correct interpretation of Howey. According to the Blockchain Association:  "t...

The XRP price prediction remains neutral as investors remain uncertain about the ongoing Ripple vs. SEC battle. Since both Ripple and the SEC have filed requests for summary judgment, it has been widely assumed that they have entered the final stages of their legal battle and that a resolution is just a matter of months away.  If confirmed, this hypothesis will significantly boost the XRP price, possibly pushing it over the current all-time high of $3.40 in the coming months. Let's take a quick look at the Ripple vs. SEC lawsuit. Ripple Lawsuit: John Deaton Explains Key Issue as SEC Delays Hinman Documents On September 29, District Judge Torres rejected the SEC's objections and ordered the agency to hand over the Hinman records. Judge Torres' order regarding the Hinman documents claims that the SEC missed the October 13 deadline to file its application for reconsideration of Judge Torres' order. According to the latest information, this has not yet b...