• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M

Lawyer Predicts Ripple vs. SEC May Conclude by May

user avatar

by Giorgi Kostiuk

a year ago

Lawyer Jeremy Hogan suggests that the Ripple vs. SEC case might be settled by April or May. Both parties have appealed the court’s decision, gaining significant attention.

Context of the Ripple and SEC Case

The court ruled that Ripple’s $700 million institutional sales were illegal securities offerings, imposing a $125 million penalty. This penalty is currently on hold due to the appeals process.

Because both parties appealed the part of the case they lost. So the penalty is on hold pending appeal.Marc Fagel

Impact of SEC Leadership Change

The SEC’s leadership change on January 20 might influence the case’s outcome. Former SEC attorney Marc Fagel suggests the new administration might drop the appeal, potentially leading to a settlement.

Settlement Prospects

Pro-XRP lawyer Jeremy Hogan suggests a potential settlement could happen by April or May. This prediction has renewed interest in XRP.

The potential changes in SEC leadership and their decision on the appeal might be a key factor in reaching a settlement between Ripple and SEC.

0

Rewards

chest
chest
chest
chest

More rewards

Discover enhanced rewards on our social media.

chest

Other news

Solana's Quantum Readiness Strategy Under Scrutiny

chest

Solana's quantum readiness strategy is under scrutiny following Anatoly Yakovenko's comments on the need for a multi-scheme approach to enhance security against AI threats.

user avatarLeo van der Veen

South Korean Exchanges Win Temporary Relief from Regulatory Sanctions

chest

Three major South Korean crypto exchanges, Upbit, Bithumb, and Coinone, have secured temporary court relief from sanctions related to existing anti-money laundering requirements.

user avatarLi Weicheng

Anatoly Yakovenko Raises Concerns Over AI's Impact on Post-Quantum Cryptography

chest

Solana cofounder Anatoly Yakovenko warns that AI could expose vulnerabilities in post-quantum signature schemes, emphasizing the need for a robust security design.

user avatarMaya Lundqvist

DAXA Challenges New Anti-Money Laundering Regulations in South Korea

chest

DAXA opposes proposed changes to South Korea's anti-money laundering regulations, citing concerns over excessive reporting requirements.

user avatarAisha Farooq

MoneyGram's Stablecoin Service Expands to Colombia and El Salvador

chest

MoneyGram has launched its stablecoin service in Colombia and expanded to El Salvador, providing financial solutions for underserved markets in Latin America.

user avatarTenzin Dorje

Stellar Network Surpasses 1 Billion in Real-World Assets

chest

The Stellar network has crossed the 1 billion mark in real-world assets, indicating significant growth and momentum.

user avatarBayarjavkhlan Ganbaatar

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.