SEC is Reportedly Preparing to Drop the Ripple Lawsuit

2025-3-13 22:06

According to several sources, the SEC is preparing to drop its case against Ripple. Previously, there was speculation that the Commission caused the delays, but it may be a negotiating tactic from Ripple.

In August 2024, a judge ruled that Ripple pay a $125 million fine and receive a permanent ban from selling XRP to institutional investors. With Gensler out of the picture, the SEC may agree to annul these penalties.

Is the SEC v Ripple Case Nearing its End?

The SEC v Ripple case is a pivotal legal battle for the crypto industry and arguably the Commission’s most important enforcement action under Gary Gensler.

Since Trump’s inauguration, the SEC has been dropping several lawsuits and investigations, but there haven’t been many updates about this one. However, that could all be changing:

“Two well-placed sources tell me that the SEC vs. Ripple case is in the process of wrapping up and could be over soon. My understanding is that the delay in reaching an agreement is due to Ripple’s legal team negotiating more favorable terms regarding the August district court ruling,” Eleanor Terrett claimed over social media.

In August 2024, a federal judge tried to resolve the suit, ordering Ripple to pay $125 million to the SEC. The firm was also forbidden from selling XRP to institutional investors.

Essentially, Ripple’s lawyers have been trying to get some or all of these penalties removed. Dropping the suit would be a huge win, but the SEC may be amenable to this argument.

“Although there is no formal reason requiring it, it is reasonable to speculate that the SEC v. Ripple case is resolved–or at least something significant happens–before Ripple’s filing deadline of April 16, 2025,” wrote crypto litigator Fred Rispoli.

The SEC removed the Ripple suit from its website in January, but there haven’t been many updates since. This has fueled a lot of speculation as to whether the Commission was deliberately stalling. The SEC apparently used this tactic on a few altcoin ETF applications just yesterday.

Since this news broke, the price of XRP has responded somewhat favorably. The asset’s price has been fluctuating wildly today, but it’s only gone up since these rumors first circulated. Hopefully, they will help create some bullish momentum for the future.

XRP Daily Price Chart. Source: BeInCrypto

Ultimately, however, there’s no rush on a resolution. The SEC stalled a few other suits before dismissing them, but the Ripple suit has a later deadline. Ripple will need to submit an appellate brief by April 16.

If it isn’t dropped first, this could have a pivotal impact on the case. XRP community may anticipate bullish news in the future, but the gains likely won’t be immediate.

The post SEC is Reportedly Preparing to Drop the Ripple Lawsuit appeared first on BeInCrypto.

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ripple sec lawsuit reportedly preparing drop impact

Источник: beincrypto.com

ripple sec → Результатов: 126


Ripple отзывает встречную апелляцию и получит $75 млн компенсации от SEC

Главный юрисконсульт Ripple Стюарт Алдероти (Stuart Alderoty) сообщил, что компания согласилась отозвать встречную апелляцию в деле против Комиссии по ценным бумагам и биржам США (SEC), и ей будет возвращено около $75 млн из суммы, установленной судебным решением в августе 2024 года.

2025-3-26 11:54


Гарлингхаус объявил о завершении многолетнего противостояния Ripple и SEC

Комиссия по ценным бумагам и биржам (SEC) прекращает четырехлетнюю тяжбу с Ripple, заявил глава компании Брэд Гарлингхаус (Brad Garlinghouse). Многолетний правовой конфликт американского регулятора с ведущей криптовалютной компанией завершается во время администрации Трампа.

2025-3-19 16:58


Фото:

SEC to hold key meeting today: will Ripple finally reach a settlement?

The cryptocurrency market is on edge as the US Securities and Exchange Commission (SEC) prepares for a crucial closed-door meeting today, February 13, 2025. While the session falls under the Sunshine Act, meaning discussions remain private, speculation is rife about its potential implications for Ripple and the wider digital asset sector. With XRP’s price movements […]

2025-2-13 07:51


Джон Рид Старк: Суд ошибся с делом Ripple

В преддверии слушаний по делу американской компании Ripple, которые должны состояться 15 января 2025 года, бывший поверенный Комиссии по ценным бумагам и биржам США (SEC) усомнился в правильности предыдущего решения суда о статусе выпускаемой этой компанией криптовалюты XRP.

2024-12-22 13:51


Ripple files cross-appeal challenging SEC’s XRP institutional sales ruling

Stuart Alderoty, Ripple’s chief legal officer, said “the SEC can’t submit new evidence or ask us to produce more” Ripple’s Form C requests that each issue is subjected to a de novo standard of review Ripple’s cross-appeal follows a week after the SEC filed its cross-appeal against a previous ruling that partially favored Ripple Ripple […] The post Ripple files cross-appeal challenging SEC’s XRP institutional sales ruling appeared first on CoinJournal.

2024-10-26 15:27


Глава Ripple о новой апелляции SEC: «Будем бороться столько, сколько потребуется»

Комиссия по ценным бумагам и биржам США (SEC) подала апелляцию на решение суда по делу против Ripple, что вызвало резкую реакцию руководства компании. Глава Ripple Брэд Гарлингхаус (Brad Garlinghouse) заявил о готовности продолжать борьбу в суде.

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