US Securities and Stock Exchange Commission (SEC) and Ripple $2.03 The legal process between the crypto money market is followed with great interest. In particular, the evaluations of Jeremy Hogan, a legal adviser, show that the case may not be solved soon. Hogan has determined three critical dates in the proceedings: 14 March, 11 April and 1 May. These dates can determine the course of the court process.
Legal process and possible developments
The Ripple case has a more complex structure than other SEC cases. The current decision of the court makes it difficult for the progress of the process. According to Jeremy Hogan, the case may result in three different ways. The first possibility is that the court approves the current decision and the end of Ripple’s struggle against SEC. The second possibility is that the parties agree with cross objections. The third possibility is the completely reversal of the court decision.
The SEC has recently concluded the long -standing case. These developments are interpreted that the Ripple case can progress on a similar route. However, previous court decisions for Ripple may make a possible agreement with the SEC.
On a single screen instant prices, important data, news, latest developments, comments and discussions at Chat! Come right away from your eyes!
How can SEC’s strategy affect the case?
The last moves of the SEC may have a direct impact on the Ripple case. The regulator institution has closed some important cases in recent weeks and launched a new era in the crypto currency market. In this process, the suspension of the tron case and the closure of some major cases indicate that the strategy of SEC has changed.
On the other hand, the previous decisions of the court in the Ripple case are among the elements that strengthen the company’s hand. Lawyers think that Ripple’s current amount of penalty and the new regulatory strategies implemented by the SEC will determine the course of the case. Market actors and law circles expect the process to become clear on the specified critical dates.
Responsibility Rejection: The information contained in this article does not contain investment advice. Investors should be aware that crypto currencies carry high volatility and thus risk and carry out their operations in line with their own research.