Ripple vs SEC: Will the Cryptocurrency War Come to an End?

2025-05-04 08:33:30

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Ripple and SEC Legal Battle: Rumors and Reality

The long legal battle between Ripple and the SEC seems to be coming to an end. However, the information suggesting that the case will conclude this coming Thursday is merely speculation. A tweet from Eleanor Terrett, originating from March, has caused confusion regarding the SEC’s meeting plans. This tweet is outdated and no longer relevant to the current situation.

Regarding the current situation, Ripple and the SEC had somewhat reached an agreement earlier. Ripple agreed to pay a civil penalty for its previous institutional sales of XRP, but the court ruled that XRP is not a security in the secondary market. The final documents and official statement from the SEC are still awaiting confirmation.

Stuart Alderoty, the General Counsel of Ripple, emphasized that the case is nearly finished, just waiting for the final procedures. However, the SEC has not yet made any official statement. This is significant for the XRP market and cryptocurrency. Many analysts believe that after there is legal clarity, institutional access will increase and the price of XRP could rise sharply. Some even predict the launch of an XRP ETF.

However, until the SEC officially announces the dismissal, predictions about the official end date are yet to come. Currently, there is no confirmed announcement regarding the conclusion of the lawsuit next Thursday.

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