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Ripple’s ongoing court case, in which the U.S. Securities and Exchange Commission (SEC) claims that Ripple sold XRP as illegal securities, might be nearing to a verdict.
Court documents showed this week that Judge Analisa Torres has give Ripple permission to respond to the SEC’s Memorandum of Law in support of the Motion to Strike fair notice defense.
And that is not all the good news. The Judge also ordered the unsealing of three documents concerning the SEC vs. Ripple case. This includes an email thread and deposition notice of Ripple’s CEO Brad Garlinghouse’s and founder Chris Larsen’s email string.
Jeremy Hogan, partner at law firm Hogan & Hogan and a close follower of the lawsuit, believes the SEC vs. Ripple case is coming close to an end.
XRP has had an exceptional week with the developments in the case fueling an almost 25% surge this week. Ripple’s token is trading hands at $0.8259 at time of writing according to CoinMarketCap.