The case of trial ripples with the Securities Commission and the exchange (seconds) seemed to continue, and the ripple looked strong.
Lawyer Ripple, Jeremy Hogan, has commented on the last trial between Ripple and Sec, where the second seems cornered.
Hogan stated that in the last trial, the court judge gave a fairly tense statement, where he cut the statement of the Ripple CEO lawyer. He has stated,
"My knowledge of XRP is that this asset does not only have value such as the currency but has a value of use that makes it different from Bitcoin and Ethereum."
Ripple's CEO lawyer, Matthew Solomon, expressed his disapproval of the judge's statement and stated that XRP was similar to the Ethereum.
However, with that statement, the judge looks confident in the value of usability and value such as currency, by XRP.
With a statement from the judge, the SEC argument that Ripple is a stock can make the SEC credibility disappear in court.
In addition, the statement also approved the value of using XRP, which was the initial argument of ripples when asked.
The judge also questioned the theory formed by lawyers from the SEC, namely statement,
"All who sell XRP, including you and me, have made stock sales illegally."
Then, lawyer from SEC answered doubts theory by stating it,
"If it refers to part 4, the purpose of the statement, only ripples and bound by ripple has made XRP sales illegally."
That statement even though it seems to avoid clarity for exchange in America can return XRP to the list of assets traded.
Still maintain rights and develop
Until now, Riggle still looks strong to maintain his right in accordance with the right party. In some responses, Rippe stated,
"We have never offered or sells XRP as an investment tool and XRP owners do not have the right to ripple as a company in terms of ownership and profit."
In addition, Ripple also argues that the actual value of XRP depends on the transaction that occurs around it. Riple stated,
"Treats XRP because stock is very opposite to the real nature of XRP because of some things that are bound in stock publishing."
Of the 23 main jurisdictions in the financial market, nine still have not surrounded the company about Crypto.
14 other jurisdictions are still seen using a strategy that is softer than the seconds starting "attacking" Crypto.
However, for XRP itself, even though it still faces pressure, the company seems to still provide development on the operational side.
Currently XRP also still received support from investors and owner of the token, although it has not been given permission by ripple.
In addition, XRP is also used as an alternative to protect the central bank's digital currency, even though there is no certainty.
So, there are still positive sentiments around XRP, which is likely to make prices continue to move positively, continue in the last few days.