Hey everyone, I'm Javeria, and today we're diving into the shocking twist in the Ripple vs SEC saga - the SEC has dropped its lawsuits against major crypto firms like Kraken, but Ripple's fate still hangs in the balance❗
🚨 XRP SHOCKER: SEC Drops Kraken Lawsuit but Leaves Ripple in Legal Limbo!
In a stunning twist, the U.S. Securities and Exchange Commission (SEC) has abruptly dropped its lawsuits against major crypto firms like Kraken, ConsenSys, and Cumberland—but mysteriously left Ripple hanging in uncertainty! 🤯
After years of legal warfare, Ripple secured multiple courtroom victories against the SEC, dismantling the agency’s claims that XRP sales were illegal securities transactions. ⚖️ Yet, despite its crushing defeats, the SEC stubbornly pursued an appeal in January—even after the resignation of former Chairman Gary Gensler. Now, with the SEC withdrawing cases left and right, the crypto world is demanding answers: Why hasn’t Ripple been cleared yet? 🤔
Fox Business reporter Eleanor Terrett revealed that the SEC is tangled in procedural red tape, needing to formally request Judge Analisa Torres to lift an existing injunction before declaring a full retreat. ⚠️ Attorney Fred Rispoli confirmed that the paperwork is already underway, with an SEC Commission vote expected in the next 30 days. If approved, Ripple won’t resist, and Judge Torres is expected to sign off—potentially making this the final chapter in Ripple’s relentless battle. ✍️
The market has already reacted, with XRP’s price surging 📈 on the news. But without an official SEC statement, the crypto community remains on high alert. 🚨 Will Ripple’s total victory finally be acknowledged? Or is the SEC plotting one last desperate move? The countdown has begun! ⏳#xrp #Ripple #RippleVsSEC #BinanceVietnamSquare #VoteToListOnBinance
