It is reported that Ripple plans to hold a settlement meeting with the US SEC next week
Ripple unexpectedly unlocked 800 million XRP (worth nearly $500 million) on the X platform earlier this month. It is expected to hold a settlement meeting with the US Securities and Exchange Commission next week. Ashley Prosper, a member of the XRP community, analyzed that the legal dispute between the US Securities and Exchange Commission and Ripple may end in a settlement. The main reasons include: the Second Circuit Court of Appeals rejected the SEC's request to revoke its seizure of illegal gains. It is worth noting that if the buyer did not suffer economic losses, the SEC has no right to recover the stolen money from the seller. In addition, it is unclear which institutional investor suffered economic losses from buying XRP from Ripple.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Publicly traded medical company SRx Health Solutions acquires $1.5 million worth of SOL
Telegram launches NFT gift marketplace based on TON blockchain
Fed Governor Waller: The Fed's independent structure has proven its value
Solana Co-creation: Solana v2.2 computing power increased by 20%
Trending news
MoreCrypto prices
More








