After the announcement of an agreement-in-principle in the ongoing case between Ripple Labs and the U.S. Securities and Exchange Commission (SEC), the price of XRP has remained stable, suggesting that the market may have already factored in the news of a potential resolution.
The lawsuit, which was filed by the SEC in December 2020, alleged that Ripple's sale of XRP tokens constituted an unregistered securities offering worth over $1.3 billion. The legal battle has been closely watched by the cryptocurrency community, as the outcome could have significant implications for the classification of digital assets in the United States.
Following news of the agreement-in-principle, which was revealed in a court filing on March 8, 2022, the price of
Source: https://decrypt.co/314482/ripple-sec-file-to-suspend-appeals-pending-negotiated-resolution-of-case

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