Ripple case present on SEC site despite speculation
Speculations on social networks have suggested that the Ripple civil affair was cleaned from the SEC website, but the experts stressed that online changes were unimportant to the court.
Note that the American Securities and Exchange committee has removed the civilian trial of Ripple from its official site flooded the debates on social networks, fueling rumors that the regulator could soon end the case completely.
However, Crypto.News has confirmed that the Ripple case is still accessible on the SEC website, although it now appears in different categories.
Social media users noted that while the training case was more listed In the “Ligtice Release” section, other cases, such as those involving Coinbase, remained visible there.
Meanwhile, the Sec V Ripple Labs, Inc., Bradley Garlinghouse and the case file of Christain A. Larsen could be visualized In the “Award Randard” and “Case” categories “of the agency’s website.
We do not know why the SEC has brought these changes, but lawyer Jeremy Hogan by Hogan & Hogan said that on X, the judicial case would be without impact by the switch.
“It could mean something internally dry, but it does not affect the trial in one way or another. The court does not care what dry on its website, “tweeted Hogan, responding to the chatter.
Dry v ripple
In December 2020, the SEC accused Ripple, CEO Garlinghouse and Executive President Larsen of having led $ 1.3 billion in unregistered titles via the company’s native token (Xrp).
The multi -year legal battle led to a partial victory for the two parties. A judge judged that retail XRP sales did not violate federal securities laws, while institutional offers have done so. Ripple was ordered to pay $ 125 million in fines, and both parties have laid call requests.
The rumors of the dry by removing the case of Ripple from its website have also probably been stimulated by the plans to develop the application measures linked to the crypto to the guard dog. Under President Donald Trump, the dry is expected To interrupt disputes against companies that are not directly involved in fraud.
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