Crypto currency The symbol of the regulatory pressure of the markets Ripple $2.17 case Now it ends. While many major crypto currency lawsuits ended, we have recently mentioned that the process can be completed for Ripple.
Ripple case is over
Eleanor Terrett’s good news Ripple with Selection He wrote that the case was about to be completed. After the resolution of platforms such as Coinbase, Robinhood, Ripple was expected to end the process, but the Ripple legal team has negotiated. While the management has already changed, the Ripple side wants to complete the process with zero loss.
“As far as I understand, the delay in reaching an agreement stems from the fact that Ripple’s legal team negotiates on more favorable conditions regarding the decision of the August Regional Court decision, which gives the company a fine of $ 125 million and involves a permanent precautionary precautionary measures that prevents the company from selling $ XRP to corporate investors.
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According to the argument to me, if the new SEC management cleans the sanction list for all the targeted crypto firms, because if the regulatory believes will solve the basic problem, why should Ripple still be punished? Accepting the Torres decision as it is means that Ripple has essentially acknowledged that he has done wrong – but now he seems to be not sure whether the SEC itself has done any mistakes.
There is no real rule for such a situation, which can explain why the resolution of this case lasts longer than others. ”
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.
