US Securities and Stock Exchange Commission (SEC), Coinbase, Consensys and Gemini with withdrawn the lawsuits against. Binance case was stopped for 60 days. These unexpected developments on the cases opened Ripple $2.03 and the long -standing legal war between the SEC also led to the speculation of a new era. However, despite positive expectations, the price of XRP fell by 10 percent during the day due to Donald Trump’s new customs duty policy.
Critical dates have been determined in the XRP case
Lawyer Jeremy HoganRipple – SEC Case for the critical dates for March 14, 11 April and 1 May 2025 pointed out. SEC, even though it has attracted its case in succession, but Hogan, Ripple caseBecause of the complexity of the quick solution does not expect.
After the partial decision taken in favor of Ripple last year Selectionthe company prints the company for a fine of $ 125 million. Lawyer Fred Rispoli in the opinion that the parties can agree soon. He thinks that Ripple can end the case by paying $ 125 million with a possible agreement.
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Does SEC change the crypto monetary policies?
Gary Gensler During the period, the SEC applied harsh sanctions on crypto money companies and put pressure on the sector. However, the recent withdrawal of the lawsuits has raised the comments that the US regulatory institution has experienced a change of attitude.
Some analysts SEC Ripple While thinking that he could step back in his case, Jeremy Hogan and Metalawman such as experts say this is difficult. SEC’s, judge Analisa Torres‘s XRP’s programmatic sales as a securities of the direction of the direction of the decision can appeal to the appeal said.
Old Secretary Officer John Reed Stark on the other hand, the steps taken by the institution is an indicator of weakness. According to him, the withdrawal of SEC from legal wars may cause him to lose his impact on the market.
For now, the legal war between Ripple and SEC in every aspect is at a critical point. If the court supports the decision of the radius Torres, this will be an important victory for the Ripple and the crypto currency sector. However, if the SEC goes to appeal, the case process may be more extended. For this reason, the eyes are in the near future legal developments.
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.
