XRP Price Almost Doubles After Court Ruling
Partner and co-chair of Herrick's Securities Litigation and Enforcement Group, Arthur G. Jakoby, was quoted in a PYMNTS article covering how cryptocurrency prices soared after the recent court ruling in Ripple vs. SEC.
The article highlighted that this ruling is being seen as major victory for the cryptocurrency market. Arthur noted, “Judge Torres’ decision in Ripple is a huge win for the cryptocurrency and digital asset industry. If upheld on appeal, this decision significantly narrows the SEC’s jurisdiction over the crypto market.”