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Finalizing Ripple-SEC Case: Fox Reporter Revealed! Here are the Details - Coin Bulletin
It is reported that the legal battle between Ripple and the SEC will be concluded in a short period of time and the parties are close to reaching a settlement.
FOX reporter Eleanor Terrett, based on reliable sources, stated that the case between **the US Securities and Exchange Commission (SEC) and Ripple (XRP) is soon coming to an end.
According to the information obtained, the reason for the delay in the case is Ripple's legal team negotiating on more favorable terms. In particular, the $125 million fine imposed on Ripple in the August 2024 court decision and the permanent injunction prohibiting the company's sale of XRP to institutional investors began to be questioned by Ripple.
The argument legally asserted by Ripple is quite striking: If the new management of the SEC is opening a new page by lifting previous sanctions against cryptocurrency companies, why is Ripple still being punished? According to Ripple, accepting the current decision implies that the company is admitting its own mistake, but even the SEC itself does not seem sure at the moment whether there is a mistake. Due to the strategic objections of the Ripple side, the negotiations are currently prolonged.
SEC's contradictory stance
SEC's inability to determine a clear strategy regarding whether to continue its sanctions against Ripple stands out as the biggest contradiction in the legal process. In the past, while SEC argued that XRP sales were securities for institutional investors, it claimed that this was not valid for retail investors. On the other hand, Ripple believes that the penalty imposed on them is unfair, especially considering the SEC's new management that questions previous decisions and adopts a softer approach to the crypto sector.
According to legal experts, this lawsuit between Ripple and the SEC sets a precedent and its outcomes will significantly shape future approaches to cryptocurrency regulations in the United States. While disputes between the two parties are expected to be resolved soon, the cryptocurrency market and investors are closely monitoring the developments.