It has been years of back and forth, and Ripple and the SEC are still locked in a battle, though the end might finally be in sight. Reports suggest the case is wrapping up, but not because of a decisive court ruling. Instead, negotiations are still active, with Ripple holding out for better terms before making a final move.
Judge Analisa Torres had already issued a ruling last August. Ripple was hit with a $125 million fine and banned from selling XRP to institutional investors. The SEC, not satisfied, appealed, aiming to challenge the court’s finding that XRP retail sales were not unregistered securities. Ripple, in turn, fired back with a cross-appeal. More filings, more waiting, more uncertainty.
Related
Thu, 03/13/2025 - 08:00 Ripple CTO: ‘We Could Offer XRP-Only System If We Wanted to’
Alex Dovbnya
HOT Stories Bitcoin Critical to American Nation's Prosperity: Michael Saylor Ripple CTO: ‘We Could Offer XRP-Only System If We Wanted to’ Breaking: Ripple Secures Key License in UAE Fidelity: All Eyes on Bitcoin's Support at $70,000
Then, after former SEC Chair Gary Gensler stepped down, the agency started easing up on crypto enforcement. High-profile cases, like those against Uniswap and Robinhood Crypto, were quietly dropped. Ripple seized on this, arguing that if the SEC is unsure about enforcing its own penalties, why should Ripple be punished at all?
Private settlement
So, what now? Legal expert Jeremy Hogan sees one clear path: a private settlement. No more court filings, no drawn-out appeals - just a quiet agreement between Ripple and the SEC to move on. If this happened, the terms would likely remain sealed, away from public scrutiny.
Related
Thu, 03/13/2025 - 05:26 Breaking: Ripple Secures Key License in UAE
Alex Dovbnya
The challenge? The SEC would have to let Ripple operate without enforcing the court’s original injunction. A tough pill to swallow, but not impossible.
Another path is taking the case back to the trial court and asking for an amended judgment. Risky, because the judge could refuse. But legal precedent suggests courts often defer to the SEC’s position in settlements.
Related
Thu, 03/13/2025 - 06:25 New XRP Pair Goes Live on Major Exchange
Alex Dovbnya
If a private deal happens, the details may never surface, just as in past corporate legal battles. Back in the 2000s, Taco Bell settled a lawsuit mid-appeal. No one knew the terms until years later. Ripple’s case could follow the same path, says Hogan. If so, the crypto community may be left with nothing but a laconic headline: case closed, terms unknown.
免责声明：本文章仅代表作者个人观点，不代表本平台的立场和观点。本文章仅供信息分享，不构成对任何人的任何投资建议。用户与作者之间的任何争议，与本平台无关。如网页中刊载的文章或图片涉及侵权，请提供相关的权利证明和身份证明发送邮件到support@aicoin.com，本平台相关工作人员将会进行核查。
