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Sujit Kumar
Jan 6, 2025
by Sujit Kumar

Ripple vs. SEC Case Nears Key Deadline: Settlement Hints Surface

Ripple vs. SEC Case
The Ripple vs. SEC case continues to capture attention as the January 15 deadline approaches. Speculation about a possible resolution has increased, with legal expert Jeremy Hogan suggesting a settlement could occur as early as April or May, potentially benefiting XRP holders.

Despite Ripple's partial victory, former SEC attorney Marc Fagel clarified that the SEC did not lose outright. “The court ruled Ripple illegally sold over $700 million in unregistered securities via institutional sales,” Fagel explained, resulting in a $125 million penalty. Both Ripple and the SEC have appealed portions of the ruling they found unfavorable, putting the penalty on hold until the appeals process concludes.

Could New SEC Leadership Shift the Case?

President-elect Donald Trump’s selection of Paul Atkins as the next SEC chair has added another layer of intrigue. Atkins, a former SEC commissioner under George W. Bush, will replace Gary Gensler in January 2025. Known for his pragmatic approach to regulation, Atkins may influence the SEC’s stance on the case, potentially leading to a settlement.

Legal analysts believe the new SEC administration might reconsider the appeal, aligning with the court’s earlier decision. Such a move could expedite the resolution, bringing clarity to Ripple’s legal standing and offering relief to XRP investors.

Disclaimer: The views and opinions expressed in this article are for informational purposes only and do not constitute financial, investment, or other advice. Investing in or trading crypto assets comes with a risk of financial loss.
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Ripple vs. SEC Case
Ripple vs. SEC Case Nears Key Deadline: Settlement Hints Surface
Sujit Kumar
Sujit received his Bachelors in Science from the LNMU Darbhanga. He is currently working as a Content Strategist. He has more than three years of professional experience in information systems, security policies, technologies, and Cryptocurrency. He has published 6 books in the area of information security and assurance. He has published more than 50 research articles in leading journals Regarding the Latest and Breaking Crypto News and updates. His research interests include access control, computer forensics, Digital Marketing, Web development, business hacks, player experience, and virtual storytelling.

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