SEC Removes Ripple Lawsuit References, Sparking Speculation on Potential Case Resolution
The post SEC Removes Ripple Lawsuit References, Sparking Speculation on Potential Case Resolution appeared on BitcoinEthereumNews.com.
The recent removal of the Ripple lawsuit references from the SEC’s website has stirred significant speculation regarding the future of XRP. Despite the website updates, legal experts affirm that the lawsuit remains active on official channels, indicating no resolution has been reached. Ripple CEO Brad Garlinghouse’s comments highlighting the SEC’s enforcement approach have gained momentum amid these developments. The SEC’s recent deletion of Ripple lawsuit references ignites speculation about XRP’s future while the case remains active, causing significant market interest. Is Ripple Vs SEC Finally Over? The Ripple vs SEC case has been a focal point within the cryptocurrency landscape since its inception in 2018. The lawsuit not only garnered attention for its implications on Ripple’s XRP token but also on the broader regulatory approach toward cryptocurrencies in the U.S. With rumors circulating about a possible settlement, the stakes have been particularly high. After President Trump’s election in 2016 and subsequent shifts in regulatory dynamics, XRP’s value surged over 400%, fueled by hopes that the lawsuit would eventually be dismissed. However, the SEC’s recent appeal suggested that the legal battle was far from over. Upon noticing the omission of the lawsuit from the SEC’s website, social media reactions have been intense. Influencer John Squire expressed on X (formerly Twitter), “Is Ripple Free from the SEC? Searched for “Ripple” in the SEC’s litigation section and… No results!”, sparking curiosity and further discourse within the crypto community. If confirmed, the removal of the lawsuit could symbolize a substantial victory not only for Ripple but also for the industry at large, showcasing a shift in federal regulatory attitudes under current leadership. Ripple CEO Brad Garlinghouse criticized former SEC Chair Gary Gensler’s prolonged handling of the case, asserting that the recent developments might finally reflect a change in approach toward crypto regulation. SEC Delists…
Filed under: News - @ January 28, 2025 10:17 pm