United

James

Coin

<ul class="news-points"> 
 <li>The SEC might settle its lawsuit with Ripple, claims crypto lawyer James Murphy.</li> 
 <li>The upcoming US elections might change the outcome for many crypto lawsuits.</li> 
 <li>Murphy also expects Coinbase to secure victory against the agency.</li> 
</ul> 
The United States <a href="https://coinedition.com/tag/sec/">Securities and Exchange Commission (SEC)</a> might settle its lawsuit against blockchain firm Ripple and lose against American exchange Coinbase, says James “MetaLawMan” Murphy, a lawyer with expertise in digital assets and Web3.&nbsp; 
<a href="https://www.youtube.com/watch?v=oX3vO1_KarY" target="_blank" rel="nofollow">Speaking</a> at the ‘Thinking Crypto’ podcast on February 10, Murphy pointed out that the SEC’s lawsuit against Ripple might end up with a settlement due to 2024 being an election year and new management taking over the agency.&nbsp; 
<h2 class="wp-block-heading" id="h-settlement-with-ripple">Settlement with Ripple</h2> 
Murphy said that there is a difference between buying XRP and shares of a company like Amazon, with the latter being categorized as a security. He stated that US District Judge Analisa Torres <a href="https://coinedition.com/victory-is-ours-lawyers-community-celebrate-best-day-in-crypto/">made the correct decision</a> in the case by granting Ripple a partial<a href="https://www.courtlistener.com/docket/19857399/874/securities-and-exchange-commission-v-ripple-labs-inc/" target="_blank" rel="nofollow"> win</a> while considering the blockchain firm’s sale of XRP tokens to institutions as security.&nbsp;&nbsp; 
Murphy said that as the lawsuit carries on, both the SEC and Ripple are going to a…
The post <a href="https://coinedition.com/sec-might-settle-with-ripple-lose-coinbase-suit-says-lawyer/">SEC Might Settle with Ripple, Lose Coinbase Suit: Says Lawyer</a> appeared first on <a href="https://coinedition.com">Coin Edition</a>.

SEC Might Settle with Ripple, Lose Coinbase Suit: Says Lawyer

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