The U.S. Securities and Exchange Commission (SEC) has announced a closed-door meeting today to discuss important matters, including the potential resolution of long-standing legal disputes. Although the SEC's official statement does not directly mention Ripple or XRP, the timing and purpose of this meeting have raised speculation among XRP investors about the possible regulation of the ongoing legal conflict.
The current dispute revolves around a significant fine imposed on Ripple for selling XRP to institutional investors. Despite the recognition of XRP trading on the secondary market, Ripple faces the threat of substantial financial sanctions exceeding $700 million due to transactions with legal entities.
The question of whether Ripple and the SEC can reach an out-of-court settlement remains a topic of discussion among experts. Some believe that such a decision could be in favor of the SEC, allowing the regulator to avoid additional legal complexities and strengthen its control over digital assets.
Others argue that the parties are still far from reaching a compromise. They point to the significant financial penalties imposed on Ripple and the SEC's apparent unwillingness to change its position regarding the status of XRP as a security.
