XRP trades at $1.15 after another favorable court ruling and a ledger upgrade while markets reacted to potential regulatory shifts under the Trump administration.

The shock raid follows Polymarket's stellar performance in predicting the U.S. Election results.

The bankruptcy estate has launched a massive clawback campaign, alleging the crypto exchange was insolvent when the transfers occurred.

XRP prices rose as the SEC missed its October 16 deadline. Ripple co-founder Chris Larsen made a significant XRP donation to the Kamala Harris campaign.

“These are cases where an innovative technology – cryptocurrency – met a century-old scheme – the pump and dump."

While Ripple pushes forward with its ambitious expansion plans in Dubai and Brazil, and prepares for the launch of its RLUSD stablecoin, the blockchain giant now must prepare to counter the U.S. agency's appeal.

Ellison gets two years in prison, Sam Bankman-Fried shares a cell block with Sean "Diddy" Combs, while other FTX execs await their final fates.

"We respect the Court's decision," CEO Brad Garlinghouse said. The regulator is expected to appeal the ruling by Judge Torres.