Ripple vs SEC Case Ends Soon: Can XRP Coins Fly?

Bittime - The legal battle between U.S. The Securities and Exchange Commission (SEC) and Ripple Labs appear to be getting closer to a resolution. 

According to the latest reports, the two parties are in final negotiations, with the main focus on eliminating the $125 million fine that was set in the previous ruling. 

If reached, this agreement could end one of the most influential lawsuits in the crypto world.

Protracted Ripple vs SEC Negotiations

A report from Fox Business journalist, Eleanor Terrett, revealed that two reliable sources indicated that this case was in the process of being resolved. 

One of the main obstacles in the negotiations was Ripple's legal team's efforts to obtain more favorable terms than the district court's ruling last August. 

The ruling not only includes a large fine but also a permanent injunction limiting XRP sales to institutional investors.

Also read: Can XRP Price Go to $100 per Coin?

Ripple's argument against the SEC

Ripple argues that with the change in leadership at the SEC, the approach to crypto regulation is also shifting. 

If many other crypto companies that were previously targeted by law enforcement are now getting leniency, why does Ripple still have to receive punishment? 

This argument became a key basis in the negotiations, as accepting the existing ruling could be interpreted as an admission of wrongdoing on Ripple's part, something they wanted to avoid.

Potential Impact on Ripple and XRP

According to attorney James Murphy, known as Metalawman, Ripple may be trying to overturn Judge Torres' ruling, not just avoid a fine. 

Even though the ruling benefits XRP holders, there remain potential obstacles for Ripple in its future business plans, such as the issuance of exempt securities or even IPO plans. 

If the SEC and Ripple reach an agreement, they will likely withdraw their respective appeals, with Ripple still paying the fine, although it may be smaller than the previously stipulated figure.

Also read: THR Ojol: Definition, Terms and Amount of Holiday Allowances for Online Ojek Drivers

SEC's Changing Stance on Crypto

Since the lawsuit was filed in December 2020, the SEC has undergone numerous changes in its policies and leadership. 

A number of other high-profile cases, including against Coinbase, Kraken, and Robinhood, have been dismissed, signaling a more flexible approach to the crypto industry. 

With the creation of a new task force at the SEC to re-evaluate digital asset regulations, many believe that the outcome of the Ripple case could be an important indicator for the future of crypto regulation in the US.

Conclusion

If Ripple and the SEC manage to reach an agreement in the near future, this will be a significant milestone for the crypto industry. The resolution of this case not only has implications for XRP but also for how regulators handle digital assets in the future. 

For investors and the crypto community, this development is a major highlight, considering Ripple's huge influence in the global blockchain ecosystem.

FAQ 

What is Ripple Vs SEC case?

The Ripple Vs SEC case is a legal battle that started in 2020, where the SEC accused Ripple Labs of selling XRP as securities without registration. Ripple rejected the claims, stating that XRP is a digital asset, not a security.

What impact will this case have on XRP and the crypto market?

This case creates regulatory uncertainty that affects the crypto market at large. Despite this, XRP experienced a surge in value, reflecting investors' confidence in Ripple.

When will this case be resolved?

Until now, there is no certainty when this case will end. The final outcome depends largely on the courts and a possible change in leadership at the SEC.

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Reference

Bitcoin.news, SEC vs Ripple: XRP Lawsuit Will End as Negotiations Reach Final Stage—Report accessed March 13, 2025.

Author: SD