menu
techminis

A naukri.com initiative

google-web-stories
Home

>

Ripple News

>

XRP News –...
source image

Bravenewcoin

1w

read

206

img
dot

Image Credit: Bravenewcoin

XRP News – When Will The SEC Drop Its Ripple Case?

  • SEC under the Trump administration is shifting towards a different approach in the cryptocurrency industry.
  • SEC Commissioner Hester Peirce ended the 'regulation by enforcement' era.
  • Ripple and XRP are exceptions to the wave of case dismissals in the industry.
  • Ripple's legal battle with the SEC is a significant and prolonged case in crypto history.
  • The lawsuit against Ripple predates both Gensler and Biden administrations.
  • Judge Analisa Torres ruled in favor of Ripple regarding XRP sales not constituting securities transactions.
  • Despite the ruling, the case continued with a $125 million penalty against Ripple.
  • Possible reasons why the Ripple case hasn't been dropped include Ripple's potential interest in fighting the case and internal resistance within the SEC.
  • Ripple's alignment with the Trump administration and efforts to win favor are noted.
  • The outcome of the Ripple case is likely to be a quiet dismissal in the coming weeks.

Read Full Article

like

12 Likes

For uninterrupted reading, download the app