2024

<ul class="news-points">
 <li><strong>Ripple and the SEC battle will end “very soon,” said Brad Garlinghouse on July 18.</strong></li>
 <li><strong>A closed-door meeting was expected on July 18th but was canceled at the last minute.</strong></li>
 <li><strong>Lawyer Marc Fagel said that a settlement meeting will take 1-2 months to materialize.</strong></li>
</ul>
<p>Ripple’s long-running legal battle with the SEC over the classification of its XRP cryptocurrency may be nearing a resolution, as CEO Brad Garlinghouse hints at a conclusion in an interview with Bloomberg.</p>
<p>Speculation of a settlement has been swirling, but the outcome remains uncertain, leaving the crypto community on edge as it awaits a decision. Some anticipate a settlement, while others believe a ruling favoring Ripple as the more likely outcome.&nbsp;</p>
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  <blockquote class="twitter-tweet" data-width="550" data-dnt="true">
   <p lang="en" dir="ltr">Honestly why would there be a settlement now … ripple are likely to get a favourable decision from the judge so the SEC would have to low ball offer to get them to agree and we all know that’s not happening <img src="https://s.w.org/images/core/emoji/15.0.3/72x72/1f937-1f3fc.png" alt="🤷🏼" class="wp-smiley" style="height: 1em; max-height: 1em;"> …. IMO they didn’t come this far to settle moments before a win</p>— Jonno (@jshnizzle1) <a href="https://twitter.com/jshnizzle1/status/1816361713635041734?ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">July 25, 2024</a>
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<p>Garlinghouse avoided predicting an exact end date, but revealed that Ripple has spent $150 million on legal fees during its three-year battle…</p>
<p>The post <a href="https://coinedition.com/ripple-vs-sec-case-drags-on-but-heres-whats-changed-and-why-it-matters/" rel="noopener noreferrer nofollow">Ripple vs. SEC: Case Drags On, But Here’s What’s Changed and Why It Matters</a> appeared first on <a href="https://coinedition.com" rel="noopener noreferrer nofollow">Coin Edition</a>.</p>

Ripple vs. SEC: Case Drags On, But Here’s What’s Changed and Why It Matters

Coin Edition

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