New Development in Ripple (XRP) and SEC Case: Is the agreement coming?

All references related to the case between Ripple and the US Securities and the Stock Exchange Commission (SEC) were removed from the official website.
 New Development in Ripple (XRP) and SEC Case: Is the agreement coming?
READING NOW New Development in Ripple (XRP) and SEC Case: Is the agreement coming?

All references related to the case between Ripple and the US Securities and the Stock Exchange Commission (SEC) were removed from the official website. This development caused great speculation in the crypto world and strengthened the claims that the case may have ended or an agreement between the parties. However, the fact that the case is still actively listed in the official Pacer system makes it difficult to reach a clear conclusion.

The course of the Ripple and the SEC Case

The case between Ripple and SEC is one of the most important legal processes in the crypto sector for four years. While SEC claimed that Ripple sold XRP Token as an unregistered securities, Ripple argued that XRP was not a securities. During this case, XRP experienced great price fluctuations, especially with the expectation of solutions.

https://twitter.com/ripplexrpie/status/188426279112686868116

In November, Donald Trump won the presidential election, increased the expectation that SEC could take a more friendly approach in crypto policies. Following this development, the value of the XRP increased by 400 %and achieved a large output. However, the fact that SEC had recently appealed against Ripple suggests that the case was far from ending.

Legal Situation and Changes on the Website

The abolition of references for the Ripple case on the SEC’s official website led to intense speculation on the possibility of falling. However, some lawyers say that this may only be a superficial change. A lawyer said the case is still active in the Pacer system and that Ripple has requested additional time from the court. This shows that the case has not yet officially resulted.

https://twitter.com/thecryptosquire/status/1884264100450164759

Ripple CEO Brad Garlinghouse, on the other hand, recently accused former SEC President Gary Gensler of unnecessarily prolonging this case. This change on the website increases expectations that the new administration adopts a more solution -oriented approach.

Is it a new era for the crypto world?

The termination of the Ripple case may be an important turning point in the crypto world. Experts say that other crypto cases in the United States may be affected if the SEC is withdrawn from this case. In particular, a similar solution expectation may occur in cases against stock markets such as Coinbase and Kraken.

However, it is necessary to remind you that the case is still not officially concluded. This critical process between Ripple and SEC can create significant opportunities for investors, as well as a period that should be careful.

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