SEC is observed by the case against Ripple, it could be soon: the report

The US Securities and Exchange Commission is on the verge of completing a long-term case against Ripple, in accordance with sources near development.

12. Marta 12, former journalist FOK Business Journalist Eleanor Terrett said The SEC ant v. Ripple case was “in the wrapping process.” The regulator sued Ripple Labs, the company behind XRP (XRP) Criptocurrency in 2020 years.

It is a significant case that started what has become one of the longest working legal battles between the Agency and Cripto Company.

However, the regulator recently completed multiple research and cases, including against coinbase, Kraken and Gemini. The speculation was that it was probably a question “when not if if” in case he breeds.

Matest, legal experts say that SEC game could be a fresh plaque in cases that are not related to fraud.

According to the sources of Terrett, the delay in the final agreement between the SEK and Ripple is in the company’s legal team. According to reports, Ripple’s legal team wants the resolution to include “favorable conditions” of about 125 million penalties that the Court imposed the Court in August 2024. years.

The bottleneck is also about a constant ban that prevents Ripple for sale of his KSRP investment institutional investors. Ripple’s lawyers claim that if the new leadership, which took over Gari Gensler, depicting the end of all cases, why should Ripple be punished then Ripple?

“Accepting Torres Judgment, as it would mean that Riple would essentially agree to admit that injustices will recognize,” Ripple’s legal team was quoted.

Pro-Cripto James Murphy lawyer, better known as Metalavman, shared theory about what caused the delay earlier this month.

Ripple maintained injustice and not see case SEC as a nasty attack that just helped to drag the company, his token and the market. In July 2023. August analysis judge has ruled that XRP is not security.

The price of the tokens exploded at the time, but remained limited in the middle of the appeal to the sec.

However, in 2024. year with Donald Trump, he won the elections and cessation of Gensler, the KSRP is parabolic while it led the wider market.