cyrpto case, report, Ripple, SEC, wrapping Mark March 12, 2025 0 Comments

SEC wrapping up case against Ripple, could be over soon: report

The American Commission for Securities and Exchange is about to put an end to its longtime affair against Ripple, according to sources close to development.

On March 12, the former journalist for Fox Eleanor Terrett affairs said The dry case against Ripple was “ending”. The regulator continued Ripple Labs, the company behind the XRP (Xrp) Cryptocurrency in 2020.

It is a historical affair that set in motion what has become one of the longest legal battles between the agency and a crypto company.

However, the regulator recently ended several investigations and cases, notably against Coinbase, Kraken and Gemini. THE speculation It was probably it was “when and not if” in the case the undulation.

In particular, legal experts say that the game of the dry could be a new slate in cases not linked to fraud.

According to the sources of Terrett, the delay in a final agreement between Sec and Ripple is due to the company’s legal team. According to reports, the Ripple’s legal team hopes that the resolution included “favorable conditions” around the penalty of $ 125 million imposed by the court on the company in August 2024.

The bottleneck is also around the permanent injunction which prevents Ripple from selling its XRP holdings to institutional investors. Ripple’s lawyers argue that if the new dry leadership, which took over after the release of Gary Gensler, considers the end of all cases, why should Ripple be penalized?

“Accepting Torres’ decision in the state would mean that Ripple essentially agrees to admit reprehensible acts,” said sources that have cited the Ripple legal team.

Pro-Crypto lawyer, James Murphy, better known as Metarawman, shared the theory of what causes delay earlier this month.

I have a theory on the unexplained delay of the dry to reject the @Ripple case.

It may not be dry.

It could be that @Ripple Negotiate is difficult to bring the dry to accept to leave a party or all of the decision of Judge Torres.

Torres’ decision was undoubtedly excellent for …

– Metalawman (@metalawman) March 1, 2025

Ripple did not maintain any reprehensible acts and considers the case of the dry as a bad attack which only made society slide, its token and the market. In July 2023, judge Analisa Torres ruled that XRP was not security.

The price of the token exploded at the time but remained constrained in the middle of a dry call.

However, in 2024, with Donald Trump winning the elections and peopleler left, XRP became parabolic because he led wider market gains.