Recent developments in the legal battles between the SEC and major crypto companies suggest that the Ripple case might face a pause.
Developments in Coinbase and Binance Cases
Recently, the SEC requested a pause in the case against Coinbase for a review of its stance. Earlier, proceedings with Binance were paused for 60 days for potential settlement discussions. These moves could indicate a strategy shift by the SEC and a potential delay in Ripple's case.
Internal Changes in the SEC
Reports indicate that the lead lawyer for the SEC in the Coinbase and Binance cases was reassigned, potentially hinting at internal disagreements within the agency regarding crypto litigation strategy.
Impact of Settlement Talks
Potential settlement negotiations between the SEC and crypto companies could be a reason for the delays. If similar talks are happening in Ripple's case, the SEC may request more time to explore these options.
These factors may lead to a pause in the Ripple case, adding uncertainty to the legal regulation of digital assets.