Former SEC official, John Reed Stark Ripple vs. Sec Lawsuit and cryptocurrency cases, which the commission recently abandoned. Based on his comments, SEC may soon end the ripple lawsuit because he still rejects cases that are unlawful.

Expert tips that RIPPLE VS. SEC may end soon

Responding to the latest information that covered the commission, abandoning the dispute appeal regarding the rule of the “dealer”, legal expert John Reed indicated that the ripple vs. lawsuit SEC may end soon. He assured that Reference to the waves Certainly there is a queue to be released, a traffic that would end the four -year legal battle.

John Reed Stark continued to explain why he believes this belief, stating that the fresh TOP SEC brass explained that the Commission would never submit another court, arguing that digital assets are a security, at least only Hester Peirce’s Crypto Task Force He completed his mission.

This task group has been accused of ensuring regulatory transparency for the cryptocurrency industry and determining whether cryptocurrencies can be classified as securities. SEC has so far passed to stop cryptocurrency cases, such as a lawsuit of binance based on the argument that the findings of the task group may affect the case.

It is worth mentioning that the court has just rejected Sec coinbase work With prejudices, in accordance with the Commission agreement to abandon the case. As such, the lawsuit can also be dropped with prejudice, which means that the commission would not be able to submit it again.

However, while John Reed Stark predicted that Ripple vs. Sec may soon end, other legal experts, such as Jeremy Hogan, suggested that this may not happen as soon as everyone expects. Hogan predicted Ripple sec settlement It may not happen only in April or May.

Meanwhile, the Sherrie expert explained that the settlement is not as plain as the Coinbase lawsuit, because the Analyn Torres judge has already awarded a penalty against a cryptographic company.

Why the case can come the last one

Metalaawman legal expert explained that the Ripple vs. SEC can be regulated at the end due to the complexity of negotiating the resolution. Similarly to Sherrie’s view, he noticed that Ripple lawsuit It is the only matter of live cryptocurrencies with a final judgment. He added that SEC and Ripple lawyers must negotiate what to do with a judgment and a penalty of $ 125 million against a cryptographic company, which may take some time.

Fred Rispoli lawyer He also took out that a cash sentence is probably the reason why the claim is still pending. He noticed that the full representative of Sec Mark Uyeda and Commissioner Hester Peirce probably did not want to take responsibility for modifying the penalty against ripple. However, a legal expert is convinced that the matter will end at some point when both sides are resolved.

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