Ripple's JoelKatz shares the stock he could have bought amid XRP-induced market rally
— David"JoelKatz" Schwartz With many American publicly traded companies linked to the broader digital currency ecosystem, the regret on Coinbase's stock has a broadly deeper reason. This is because the trading firm stands to benefit immensely from the XRP ruling, seeing it is defending itself against a slew of charges levied against it by the United States Securities and Exchange Commission .
The Ripple lawsuit and the decision from Judge Torres set a crucial precedent that crypto legal experts are convinced will shape the fate of many other lawsuits in the American digital currency ecosystem.
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