 | Ripple’s long-dragging lawsuit with SEC could end soon as crypto continues to play major roles in the ongoing war between Russia and Ukraine. New Speculations on the SEC vs Ripple LawsuitThe high-profile case involving the SEC and leading digital payments company Ripple has reportedly drawn to an end. While speaking with media network Fox Business, Ripple CEO Brad Garlinghouse revealed that according to its chairman the SEC will drop certain cases shortly. Rumors have begun making the rounds, including a tweet saying an official confirmation is imminent. This is not the first time a settlement between both parties has been discussed. In 2021, Ripple and the SEC attempted but were unable to reach an agreement regarding the lawsuit. The speculated settlement is expected to favor the blockchain platform. Judge Sarah Netburn recently reviewed the pertinent data, and most of it reportedly points toward caution on Ripple’s part during the XRP launch. [link] [comments] |
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