Ripple (XRP) Investors Await Ripple’s Response as Opposition Brief Deadline Looms

Ripple (XRP) Investors Await Ripple’s Response as Opposition Brief Deadline Looms

Ripple is expected to file its remedy-related opposition brief filing on April 22 with the details of the filing only available to the public on April 24th.
With the SEC v. Ripple case continuing to influence XRP prices, investor interest has peaked which has led to some price movement.
With the ongoing SEC v. Ripple case heavily influencing XRP prices, new developments around the case are causing a stir. Ripple is expected to file its remedy-related opposition brief filing on April 22. However, investors can only get a redacted version of the file on April 24th. Ripple or the SEC could comment on the brief offering some insights into the details.

In this brief, Ripple is looking to prove that all post-complaint sales of XRP were to non-US institutional investors. Additionally, the company seeks to prove that a majority of pre-complaint XRP sales were to non-US institutional investors.
In the SEC’s remedy-related opening brief in March, the regulator revealed that it is seeking a $2

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