Mar 5, 2025
Ibiam Wayas
Ripple Labs and the US Securities and Exchange Commission, a court battle that has gone on for more than four years now.
However, many XRP holders are seeing a glimmer of hope for the case being dropped, which could be a big win for the community and XRP. #XRP
Over the recent weeks, the new SEC administration has dropped several lawsuits against major crypto firms, including Kraken, Coinbase, Uniswap, etc. But not Ripple.
Some legal experts believe the delay could be because Ripple is, rather, pushing for a more favorable settlement, putting them in no hurry to see the case end.
“The Torres decision was unquestionably GREAT for $XRP holders, BUT the finding of securities law violations and the injunction (with attendant ‘bad boy’ provisions) are not so great for Ripple[...]
“This is particularly true if Ripple is considering a future exempt securities offering or IPO,” Attorney James Murphy speculated.
Seeing that the current SEC has been withdrawing from the heavy enforcement actions of the past administration, many believe it’s only a matter of time before the Ripple case is over.
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