XRP Settlement: Will Ripple Resume Institutional Sales Amid SEC Scrutiny?
The post XRP Settlement: Will Ripple Resume Institutional Sales Amid SEC Scrutiny? appeared on BitcoinEthereumNews.com.
Legal analysts suggest Ripple could resume institutional XRP sales if the injunction is lifted, provided the company adheres to securities laws. This would allow Ripple to directly engage with hedge funds and private equity firms under revised compliance strategies. In the latest legal turn of events, Ripple dropped the cross-appeal in the ongoing case with the American U.S. Securities and Exchange Commission (SEC), as mentioned in our last news article. This left doubts regarding the fate of its institutional sales. Although the case is approaching its end, the fate of the injunction against the company is a significant topic of debate in the crypto world. Ripple Amid SEC Injunction & Institutional Sales With Ripple having abandoned its cross-appeal, attention is now on whether the SEC will proceed to vacate the injunction that currently prevents the company from selling XRP to institutions. The injunction, which resulted from Judge Analisa Torres’ conclusion that Ripple’s original sales model was an investment contract, has been a pivotal obstacle to the company’s activities in the institutional market. In an X post, XRP attorney Bill Morgan discussed the recent developments while admitting that even if the injunction is dissolved, Ripple would be required to change its sales strategy to stay within the purview of securities laws. Legal analyst Fred Rispoli concurred and said that any re-launching of institutional sales would involve keeping pace with new regulatory requirements. Rispoli then explained his stance further, saying, “So to clarify, as I understand it, there will be no more restrictions on Ripple’s institutional XRP sales. They still must conform to securities law but can now sell to, say, hedge funds or private equity firms directly instead of to OTC desks first.” This viewpoint has generated talk regarding how Ripple could modify its sales strategy in order to be compliant with regulations…
Filed under: News - @ March 27, 2025 3:23 am