| Cryptocurrency | Price (USDT) |
|---|---|
| BTC | $107300.1000000000 |
| ETH | $2429.9710000000 |
| BNB | $645.6191000000 |
| XRP | $2.1995240000 |
| ADA | $0.5622710000 |
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| DOGE | $N/A |
| DOT | $3.3606800000 |
| LTC | $86.1637000000 |
| LINK | $13.2015200000 |
Category: CRYPTO NEWS
The post SEC vs. Ripple: Expert Says XRP Case Could End ‘Any Day Now’—Here’s Why appeared on BitcoinEthereumNews.com. As of Wednesday, February 26, 2025, the SEC vs. Ripple case, a key legal battle in the cryptocurrency industry, continues to divide opinions on its resolution timeline. The case, centered on whether Ripple’s XRP token constitutes a security, has been ongoing for years, with both sides now in the appeals phase. Recent developments, including SEC settlements with Coinbase and Robinhood, have sparked optimism, but Ripple’s case remains unresolved, fueling anxiety and debate. The Current State of SEC Vs. Ripple Case The SEC vs. Ripple case is currently in the appeals phase, following a mixed ruling by Judge Analisa Torres in the Southern District of New York. The court determined that Ripple’s sales of XRP to retail investors on exchanges do not constitute the sale of securities, a partial win for Ripple. However, it ruled that sales to institutional investors were unregistered securities, imposing a $125 million penalty on Ripple. The SEC is appealing the retail sales ruling, seeking to classify those transactions as securities. Ripple, in turn, is appealing the $125 million penalty, arguing it is excessively high. This dual appeal creates a complex legal landscape, with no final resolution in sight as of February 26, 2025. Experts Weigh In On Resolution Timeline Legal experts offer contrasting views on the case’s trajectory. Fred Rispoli, a prominent attorney and XRP supporter, expressed confidence in a swift resolution in a recent X post. I don’t know why SEC v. Ripple is still going considering other major cases, especially Coinbase, have been dropped. Clearly, the absence of Paul Atkins did not worry the current 3-member SEC Commission on those large litigation issues. My best guess is that, given the $125M… — Fred Rispoli (@freddyriz) February 25, 2025 He proposed a simple fix: both Ripple and the SEC to drop their appeals, with Ripple…
2025-02-28T04:42:26+00:00