Following the SEC-Ripple meeting, the company officially filed some of the documents required by the SEC.
On April 1, the two parties met to resolve the long-running issue of filing documents. The meeting turned out to be quite fruitful, as at the end of the meeting a consensus was reached on the two of the four documents discussed.
Of the four documents under discussion, two were finally submitted by Ripple to the court of judge Sara Netburn. It should also be noted that the documents refer to “Discovery materials filed with the court in connection with the discovery disputes”
Although both parties had agreed that Ripple would have to submit two documents that were being edited for commercial reasons, part of the Ripple legal team, James K. Filan, has already done so released Consensus remains to be found on both the documents on Twitter and the other two documents.
– James K. Filan (@FilanLaw) April 3, 2021
While the SEC insists on filing these two documents in court as well, Ripple remains determined not to file them.
James K. Filan, a defense attorney, former federal attorney and part of Ripple’s legal team, commented:
“After a meeting and conference on April 1st, the parties reached an agreement on two of the four documents in question, but failed to reach an agreement on the remaining two documents.”
Additionally, the XRP is very high according to the interview Brad Garlinghouse recently gave to CNN’s Julia Chatterley. It is currently trading at the highest price since the end of February.
The Ripple has grown approximately 50% in the past thirty days, trading at $ 0.6343 at press time. The prospects that XRP will grow significantly in the near future are high as the rumors of many crypto exchanges listing XRP again on their platforms are circulating in the market.
It seems pretty obvious that once the exchanges resume trading XRP, it could certainly turn bullish very soon.