XRP News:<\/strong> US District Court is yet to deliver a much anticipated Summary Judgment in the crucial Securities and Exchange Commission<\/a> (SEC) Vs Ripple lawsuit. As the judge moves closer to concluding the case, XRP relisting on crypto exchanges has become a major concern among the XRP holders.<\/p>\n Also Read: Why LBRY Latest Court Filing Is Critical For XRP Case Judgment?<\/a><\/strong><\/p>\n <\/p>\n The \u201cSecondary Market Sales\u201d of XRP have been a majorly discussed issue among crypto leaders and experts. However, the court is yet to address this matter in the XRP lawsuit<\/a>,<\/p>\n Coingape reported that US SEC on record admitted<\/a> that the LBRY Credits (LBC) tokens’ secondary market sales don’t constitute a security. However, the commission’s this settlement in the LBRY lawsuit would certainly be discussed among the Ripple legal team.<\/p>\n Attorney Jeremy Hogan stated that he is confident Ripple’s XRP will be relisted on crypto exchange<\/a> once the judge decides whether the token is inherently a security. The SEC’s complaint in the lawsuit claims that XRP itself is a security. However, it does not ask anything to discuss the nature of the asset. Read More XRP News Here\u2026<\/strong><\/a><\/p>\n <\/p>\n <\/p>\n <\/p>\n Hogan mentioned that there is a very high chance that the court might not take up the particular issue as the commission didn’t raise it explicitly. However, both parties can argue over the secondary sale by adding an omission.<\/p>\n He highlighted that Ripple and US SEC may strike an agreement to include this in the hearings. However, the judge could approve the defendants’ assertion in the proposed Final Judgment.<\/p>\nXRP Relisting Coming Soon?<\/h2>\n
What If Court Refuses To Admit The Issue?<\/h2>\n
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