The price of XRP remains a hot topic, with the ongoing legal battle between Ripple and the US Securities and Exchange Commission (SEC) anticipated to be resolved at some point in 2023. The SEC claims that Ripple’s sale of XRP tokens constitutes an unregistered securities offering, which Ripple denies. The outcome of this case is noteworthy not just for Ripple but also for XRP investors. A negative ruling could result in XRP being classified as a security, leading to regulatory scrutiny and potentially affecting the price of XRP. As we move into 2023, the Ripple-SEC case is expected to reach its conclusion.
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