XRP Prices Fluctuate

XRP token prices saw fluctuations in the week ending Sat, Nov 18. After a mid-October increase from $0.49 to $0.72, XRP dropped to $0.61 by Sunday morning in Tokyo.

Amicus Lawyer for Ripple Lawsuit Outlines Victory

John Deaton, attorney in the Ripple lawsuit, emphasized Ripple Labs’ case, confident that the blockchain firm will prevail, stating that “XRP is a utility token at its core.”

Deaton also stressed the importance of the rule of law in the Ripple lawsuit, regardless of personal preferences. He expressed concern about government overreach and urged the need to consider the implications of the case without biases.

Where The SEC’s Lawsuit Could Go From Here

There is uncertainty regarding the outcome of the SEC’s lawsuit against Ripple Labs. While Fox Business senior correspondent Charles Gasparino suggested that Ripple’s victories are temporary, the lawsuit is set for a full trial in the U.S. Circuit Court Southern District of New York in April. If not resolved at this level, it could end up on the Supreme Court’s docket, with both the SEC and Ripple CEO Brad Garlinghouse willing to take the fight to the nation’s high court.

### News source: cryptopotato.com

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