. Ripple vs. Sec The lawsuit focused again. The American Commission of Securities and Stock Exchange (SEC) is to organize a meeting of closed doors today, which has been speculated that the Commission could potentially settle with Ripple after the meeting.
What should you know about the meeting of the commission among Ripple vs. Sec billing speculation
SEC is to have the first closed meeting today Mark Uyeda He was appointed chairman. According to press releaseThe meeting will include topics related to the institution and the resolution of the activities of orders, institutions and the decision of administrative proceedings, resolving court claims and other matters related to research and proceedings in the field of enforcement.
. Ripple vs. Sec settlement Speculation appeared due to the plans of the Commission to discuss topics regarding the resolution of claims related to court proceedings at a closed meeting. What’s more, the cryptographic community bet on the settlement, because Uyeda, which is pro-Crypto, unlike the former chairman of SEC, Gary Gensler, may be more open to the idea of settling with Ripple, and not with an appeal.
However, a former SEC official Marc Fagel It dispersed the possibility that SEC and Ripple can reach the settlement after a closed meeting. In the currently removed, X Fagel noticed that the meeting is the same that the commission has almost every week. He added that the commissioners would simply vote on the recommendations that were calended a few weeks ago.
According to this, he noticed that people who expect something monumental would be disappointed. Meanwhile, the former SEC official stated that all potential settlement in the lawsuit o ripple vs. Sec is still in a few weeks. Believes that the Trump administration can facilitate the settlement, but it will only happen after the Trump nomination, Paul AtkinsIt is confirmed by the Senate for the role of the SEC chair.
Explanation of the matter removed from the SEC website
There has been speculation that the ripple vs. lawsuit SEC has ended with the case of removal from the Commission’s website. However, in post X, a legal expert Jeremy Hogan He explained that the matter was still ongoing despite this development. He noticed that the case was still on the website of the Court of Appeal, confirming that both parties have not yet reached a settlement.
The latest events in the case include the submission of its opening, in which the Commission again argued that Ripple violated the provisions regarding securities through institutional and program sales were investment agreements. Meanwhile, Ripple asked for the date of April 16, 2025 to submit his opening. Atkins will probably be confirmed as the chairman of the SEC, who could pave the settlement path before the appeal.
It is also worth mentioning that better markets have submitted A low friend of the court in support of SEC. The non -profit organization claims that Ripple has violated the provisions regarding securities through its secondary XRP sales.
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