Ripple $2.08 The case that has lasted for years between the SEC and the latest developments in recent days is on the agenda of the crypto currency world. SEC’s withdrawing some of his objections in the case and rapid progress in similar cases Altcoin XRP Increased positive expectations in the community. Lawyers predict that the case may result in a short period of two months. However, the update of the case file and the contradictions in the explanations make the course of the process uncertain.
SEC’s new attitude hopes were green
SelectionWith withdrawing some of his objections in the case against Ripple, XRP investors and crypto currency world was welcomed with hope. The quick steps shown in similar cases have strengthened the possibility that a similar process could be experienced for XRP. Particularly in recent months, comments that SEC’s attitude towards crypto money companies is a visible softening.
XRP community Another view that is frequently mentioned in it is that he can postpone the official statement of the SEC by August. Following an XRP defender who made this claim, one of the well -known names of the community Brett‘s sharing drew attention. Brett, “SEC will not make an official statement soon, should be expected until August 7,” he said. However, this claim was refuted by some names from the law circles. Old Secretary Officer Marc FagelHe said Brett’s interpretation has lost both wrong and up -to -date.
When will the case be concluded?
One of the most concrete comments on the proceedings is a legal consultant Fred Rispolicame from. According to Rispoli, Ripple has collected the necessary documents and the process can be completed in a maximum of two months after the vote of the SEC within 30 days. This estimation has shaped expectations of the timing of the final decision, especially when an optimistic atmosphere among investors.
FOX businessman Eleanor Terrett before the completion of the proceedings of the court said that the court may decide to intervene. This can add a new breaking point to the timeline of the case. In addition, some commentators suggest that some of the documents Ripple may have lost up to date. This may open the door to new objections that SEC may put forward.
Despite the developments in favor of Ripple, the factors that will determine the course of the case are still in the court. In particular, the validity of the files can directly affect the final outcome of the process. The XRP side wants the case to be completed as soon as possible and to end the uncertainty of arrangement.
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.
