Why XRP Is Surging 39% | Benzinga

The price of major crypto asset
XRP (CRYPTO: XRP) has seen a spike of about 39% after a ruling in a United States court.
What Happened: Ripple saw another major win by its legal team as a federal judge exempted Ripple's executives from having to provide their personal financial records to the Securities and Exchange Commission (SEC).
Ripple Labs Inc is the developer of XRP.
The ruling was made by United States District Court Judge Sarah Netburn, of the Southern District of New York.
In the ruling on Friday, Netburn wrote that the SEC’s requests for the records were not "relevant or proportional to the needs of the case."

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