Menu

Categories:

Hot right now:

Follow on:

Coinsurges provides coverage of fintech, blockchain, and Bitcoin, delivering the most recent news and analyses on the future of money. Stay up-to-date with live prices, charts, and trading options for the top exchanges. Keep track of the day's top cryptocurrency gainers and losers, as well as which coins have experienced gains and losses in the past 24 hours.
Trust Coinsurges as your go-to source for all news and updates in the industry.

Menu

Categories:

Hot right now:

Follow on:

Coinsurges provides coverage of fintech, blockchain, and Bitcoin, delivering the most recent news and analyses on the future of money. Stay up-to-date with live prices, charts, and trading options for the top exchanges. Keep track of the day's top cryptocurrency gainers and losers, as well as which coins have experienced gains and losses in the past 24 hours.
Trust Coinsurges as your go-to source for all news and updates in the industry.

Ripple vs SEC Lawsuit Update: Settlement Talks, IPO Hopes & A Long Wait Ahead?

Share This Post

Ripple Lawsuit News_ XRP Community Seeks Massive $500 Billion Restitution After SEC Fallout

The post Ripple vs SEC Lawsuit Update: Settlement Talks, IPO Hopes & A Long Wait Ahead? appeared first on Coinpedia Fintech News

The legal fight between Ripple and the U.S. Securities and Exchange Commission (SEC) seems far from over. Even though the U.S. Court of Appeals has agreed to pause the case for 60 days, many are now asking, What’s happening behind the scenes?

Meanwhile, Prominent Crypto Lawyer James Farrell has shed some light on it. Let’s see what it is.

Settlement Talks, IPO Hopes 

According to James Farrell, this break in the case could mean something big is coming. The court has stopped the appeal for now after both Ripple and the SEC asked for it together.

Farrell thinks Ripple and the SEC might be working on two things: a possible settlement and an “indicative ruling” from Judge Torres. Ripple wants the judge to let them sell private tokens using certain rules, which they can’t do right now because of their past violations.

Why is this important? 

Well, if Ripple can’t sell tokens privately, it’s nearly impossible for them to go public anytime soon. While other crypto companies might launch IPOs, Ripple could be stuck waiting for years for its IPO.

Ripple’s Two-Part Ask

Farrell says there are two ways this could be done. In the first path, Ripple sends a settlement offer to the SEC. If the SEC says yes but denies the motion to change the rules, Ripple will settle the case, and the appeal ends. 

But they’ll still need Judge Torres’ approval to change the rules. That process may take an additional 3 to 6 months, with no guarantee of approval.

The second path is trickier but has bigger potential. If the SEC agrees to both the settlement and Ripple’s request to change the rules, the case will return to Judge Torres. Then, she will decide what to do next, but this could still take months, depending on how fast she moves.

What’s Next For Ripple?

If both parties reach a full agreement, the appeal could be dismissed within the next month. But if Ripple must file separately with the court, the final decision may take much longer.

And if no agreement is reached, the case could head back to the appellate court, extending the legal fight potentially into late 2026 or 2027.

The SEC’s next official move is expected by June 15, and both the legal and crypto communities will be watching closely.

Read Entire Article
spot_img
- Advertisement -spot_img

Related Posts

Bitcoin Rebounds After Sharp Drop As Whales Fuel Push Toward $100K

Bitcoin fell hard before recovering as prices plummeted below $95,000, retreating below $94,600 and even as low as $93,395 But buyers emerged at around $94,000, halting the decline and allowing BTC

Citi Unveils Tokenization Initiative With SDX at Zurich Forum

Citi is catapulting into the future of finance with a game-changing tokenized platform set to revolutionize private market investing globally Citi and SDX to Launch Global Platform for Tokenized

Did the SEC Fear XRP’s Collapse? Leaked Emails Expose 2021 Doubts About Ripple

The post Did the SEC Fear XRP’s Collapse Leaked Emails Expose 2021 Doubts About Ripple appeared first on Coinpedia Fintech News Ripple’s long legal battle with the US Securities and Exchange

Ethereum Price Ready to Surge—$2,000 Level Could Be Within Reach

Ethereum price started a fresh increase above the $1,800 zone ETH is now rising and attempting a move above the $1,850 resistance Ethereum started a fresh recovery wave above the $1,820 resistance

Binance’s BNB Could Hit $2,775 By 2028, Predicts Standard Chartered

Standard Chartered has initiated formal coverage of Binance’s exchange token, BNB, and set out one of the industry’s most detailed long-term trajectories for the asset In a research note shared

Bitcoin Price Eyes $100K as Bulls Regain Momentum, Buy Dips?

Bitcoin price started a fresh increase above the $96,500 zone BTC is rising and might aim for a move toward the $100,000 resistance Bitcoin started a decent increase above the $96,500 resistance zone