🚨 SEC Nearing the End of Ripple Case – Settlement Incoming? 🚨
The SEC vs. Ripple battle may finally be coming to a close! 🏛️💥 According to reports, the U.S. Securities and Exchange Commission is wrapping up its long-standing lawsuit against Ripple Labs.
Former FOX Business journalist Eleanor Terrett revealed that the case is in its final stages, marking the potential end of one of crypto’s biggest legal fights. The SEC sued Ripple in 2020, but with recent regulatory shifts—especially after Gary Gensler’s exit—there’s speculation that the agency is clearing cases that don’t involve fraud.
🔑 Key Sticking Points in the Settlement
✅ Ripple’s legal team is negotiating better terms around the $125M penalty imposed last year.
✅ The company is also pushing back against a permanent injunction that restricts institutional XRP sales.
✅ Some believe Ripple wants parts of Judge Torres’ ruling vacated to avoid admitting wrongdoing.
🚀 XRP holders are closely watching how this plays out, especially after XRP’s price surged following Trump’s election win and Gensler’s departure. If a favorable settlement is reached, could this send XRP to new highs? 📈🔥
What are your thoughts? Will Ripple come out on top? Drop your opinions below! 👇💬 #Ripple #XRP #SEC #CryptoNews
