With the new SEC administration came to office, the end of crypto currency cases except for fraud. Many cases, companies, investigations have been reduced. But SEC and Ripple $2.17 The ongoing struggle between the ongoing and the procedure process is expected to be completed, while the court came from bad news.
Ripple case last minute
Ripple And the US Securities and the Stock Exchange Commission demanded the abolition of a precautionary measure, but Judge Torres rejected it. Judge Torres, who referred to the fact that SEC’s opinion that Ripple will continue to violate the law in the abolition of a precautionary measure, said;
“Nothing has changed and the parties do not behave as if it has changed. However, now they claim to reduce civilian punishment by 60 percent and to remove the permanent precautionary precautionary measures given less than a year ago.”
XRP Coin Price Even if it falls, this decision is not related to the SEC. This statement, which aroused the desire to drown Torres in XRP Coin investors, said, “Yesterday, you are talking else today, what has changed?” It’s just a way out in the minval. The judge acts as if he is not aware of the change in the US crypto monetary policy, and that is quite disturbing.
“However, the parties do not have the authority to agree on the fact that the court has violated the Congress Law of the Congress Law in a way that requires a permanent precautionary precautionary measures and administrative fines to prevent the violation of the law.
For this, the parties should show exceptional conditions that exceed the public interest or the functioning of justice. The parties could not approach doing this in this case. ”
So what will happen now? Ripple and SEC may withdraw the appeal or apply for a new appeal. Or Ripple can pay $ 200 million and end this process if he wants.
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.
