Alright, friends! The 'longest-running drama' in the crypto world is finally approaching its grand finale? The SEC (U.S. Securities and Exchange Commission) and Ripple have both rushed to the judge to say: Don't drag it out, please give us a clear answer quickly! The focus is just one: Should Ripple really pay this exorbitant fine of 125 million dollars (almost 900 million RMB)? This lawsuit, which has lasted nearly 4 years, is finally about to welcome its final ruling!
Core event: Seeking a speedy ruling!
SEC's position: Firmly insists Ripple sold XRP illegally and must be heavily fined 125 million dollars.
Ripple's attitude: Admits some mistakes but claims 'the penalty is too harsh!' (Initially, the SEC demanded 1.3 billion!), pleading for a lighter sentence.
Common appeal: After 4 years of fighting, we can't afford the lawyer fees! Both parties rarely join forces to urge the judge for a quick ruling.
Why is it important? Three points to explain:
XRP unbound! The end of the lawsuit = the biggest uncertainty removed, the regulatory mountain weighing on XRP is lifted, significant long-term benefits!
The wind vane of the crypto world! How much and how to fine will become a 'precedent' for future projects facing the SEC, influencing the regulatory direction of the entire industry!
Ripple starts fresh! Shaking off the burden of lawsuits, can focus fully on cross-border payments and institutional cooperation, removing obstacles to company development!
Market impact:
Short-term: When the ruling is announced, XRP's price will surely experience drastic fluctuations (up and down spikes), those with weak hearts should be cautious in watching the market!
Long-term:
Bad news is all out! Institutional cooperation, ecosystem development, and the relisting on U.S. exchanges are expected to accelerate.
Compliance reference! Other projects under the SEC's scrutiny now have a 'template' to respond.
Autumn Brother's sharp comments:
After 4 years, from 1.3 billion cut to 125 million, Ripple's lawyer is tough enough!
Both parties seeking a ruling indicates a compromise has been reached, the results are basically all bad news out.
The dawn for XRP supporters has finally arrived! The 'post-lawsuit era' is worth looking forward to.
Concise summary: The final ruling on the sky-high fine is imminent, XRP sheds years of shackles, all bad news is out and welcomes a new life!
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#加密市场回调
$XRP