Ripple's lawsuit against the SEC: will the case be dismissed or prolonged? A closed-door meeting on the Ripple vs. SEC has fueled speculation that the SEC will drop the Ripple lawsuit.
there has been no official confirmation, and the #Ripple lawsuit remains active despite other SEC scrutiny.
February 24, 2025 by the SEC's #cryptocurrency division. Speculation began after the Task Force held a private meeting with legal experts Jason Gottlieb, Andrew Hinks, and J. W. Berrett. They released a paper discussing how the SEC regulates #digital assets, highlighting key legal issues
In particular, the paper mentions Judge Analisa Torres' ruling that secondary sales of #XRP by ordinary investors are not investment contracts. This contradicts the SEC's arguments and weakens its case.
After the SEC meeting, some members of the XRP community speculated that the SEC was preparing to withdraw its appeal against Ripple. However, Eleanor Terrett quickly refuted these claims.
When asked about it, she firmly said "no" and rejected the idea that the SEC would back down. She also added a smiley emoji to show her displeasure with the unreliable rumors.
There are currently no official reports that the SEC plans to drop the case against Ripple. The commission has dropped other cryptocurrency-related lawsuits, but the fight against Ripple remains active.
It is not confirmed at this time whether the SEC plans to drop the case against Ripple. The commission has dropped other cryptocurrency-related lawsuits, but the fight against Ripple remains active.
if the SEC drops the lawsuit, further legal negotiations with Judge Torres will be required. In the meantime, the case continues, and the cryptocommunity is closely following the developments.
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