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International Business Times UK
International Business Times UK
Niloy Chakrabarti

Ripple XRP Price Spikes on Expectations of a Lawsuit Settlement Ahead Of SEC's Closed-door Meeting

XRP prices surged to £2.64 per token ahead of the SEC's meeting.

Ripple XRP price jumped to £2.64 ($3.25) at 2:50 p.m. ET on 22nd January as community sentiment remained bullish on a potential dismissal of the years-long legal battle with the US Securities and Exchange Commission (SEC) as the agency prepares for a closed meeting at 2 p.m. on 23rd January.

According to the SEC, the closed meeting will focus on settling injunctive actions and administrative proceedings, resolving litigation claims, and addressing matters linked to enforcement proceedings.

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