- The possible end of the case sec./.ripple could create a precedent of crypto regulation in the United States.
- The course of XRP has responded positively to the message and shows the trust of investors in view of the expectation of a positive outcome of the procedure for Ripple.
The possible dismissal of the SEC’s complaint against Ripple is a crucial moment for XRP and the crypto industry in general. A solution could pave the way for increased institutional acceptance and a better defined regulatory framework for digital assets.
Previously, CNF had emphasized that right-wing experts believe that the lengthy legal dispute between Ripple Labs and the US stock exchange supervisory authority (SEC) could end against Ripple with an unchanged $ 125 million judgment. As Fred Rispoli explained in his tweet:
“Although there is no formal reason that requires this, it is reasonable to speculate that the case is solved against Ripple – or at least something important – before Ripple complies with the submission period on April 16, 2025.”
Although there is no formal reason requiring it, it is reasonable to speculate that the SEC v. Ripple case is resolved–or at least something significant happens–before Ripple’s filing deadline of April 16, 2025.
Let’s keep an eye on it…and hope.
– Fred Rispoli (@freddyriz) March 11, 2025
The lengthy legal dispute between the SEC and Ripple Labs, the company behind the cryptocurrency XRP, could approach a solution. FOX presenter Eleanor Terrett tweeted:
“In my opinion, the delay in the achievement of an agreement is due to the fact that the Ripple legal team has negotiated cheaper conditions in relation to the judgment of the district court of August, which has imposed the company in the amount of $ 125 million and issued a permanent injunction that prevents the company from selling $ XRP to institutions.”
The latest reports indicate that the SEC is preparing to drop their case against Ripple, a development, the significant effects on XRP and the wider cryptocurrency market.
Background of the Sec./.ripple Falls
In December 2020, the SEC filed a lawsuit against Ripple Labs and claimed that the sale of XRP by the company was an unregistered security offer. This complaint threw a shadow on XRP, which led to lists of several stock exchanges and a decline in the market value.
The case was closely observed because its outcome could create a precedent for regulating cryptocurrencies in the United States.
Market reaction and future prospects for XRP
According to sources, the SEC is in the process of completing its case against Ripple, an official solution will soon be expected. The delay in the achievement of an agreement is reportedly due to the fact that the Ripple lawyer team has negotiated cheaper conditions in relation to the judgment of the district court of August 2024, the Ripple initiated a fine of $ 125 million and prohibited the sale of XRP to institutional investors.
The message about a possible solution has an impact on the XRP course. After falling under $ 2 for the first time since November, XRP recovered to $ 2.14, which reflects the new trust of the investors. XRP is currently trading at around $ 2.24, which corresponds to an increase of 3.05 % in the last 24 hours.
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