Main to remember
- The case of the dry against Ripple should end as soon as the negotiations continue.
- The Ripple legal team requires changes to a court decision to avoid a fine of $ 125 million.
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The legal battle for years between the United States, the United States and Ripple Labs is approaching the resolution, as the two parties negotiate the details of the District Court of August, reported on Wednesday the business journalist for Fox Eleanor Terrett, citing two sources with knowledge of the case.
🚨Scoop: two well -placed sources tell me that the @Secgov against. @Ripple The case is ending and could be finished soon.
I understand that the delay in the conclusion of an agreement is due to the legal team of Ripple merchant of the more favorable conditions concerning the month of August …
– Eleanor Terrett (@elean branch) March 12, 2025
The SEC has withdrawn numerous proceedings against cryptographic societies in recent weeks. These include Coinbase, Gemini, Robinhood, Uniswap Labs, Kraken and Opensea. The security dog of securities and consensys also concluded an agreement to reject the case of application of securities concerning Metamask.
As for Binance, the Crypto Society and the SEC have filed a joint request to suspend their current dispute for 60 days. The regulator also interrupted his trial for civil fraud against Justin Sun, the two parties would have requested a resolution.
However, the Sec-Ripple case remains unresolved, with delayed settlement talks due to the current negotiations on the terms of the Court of August decision, which Ordered Ripple to pay a fine of $ 125 million and imposed a permanent injunction preventing the company from selling XRP to institutional investors.
Ripple argue that if the dry is new Leadership reconsiders its application approach and gives other cryptographic companies a new start, it should not have to accept penalties according to past regulatory uncertainty.
Since there is no clear precedent to manage such a situation, the resolution takes more time than expected.
Legal experts previously offered comparable prospects.
In a shared statement this month, James Murphy, a renowned crypto lawyer, hypothesized that the delay may not be only due to the dry. He suggested that Ripple is actively negotiating with the dry to obtain certain parts of the August decision of the Torres judge canceled or modified.
According to Murphy, although the decision was largely considered a victory for XRP holders, it had two problematic elements for Ripple, including violations of securities law (institutional sales) and the injunction. These factors could prevent Ripple from executing future plans, such as the beginnings of the public market.
“I believe that the SEC would have accepted a settlement – where the two parties reject their calls and the SEC underwent the penalty of $ 125 million – at a heart rate,” said Murphy. “So it is logical (for me at least) that Ripple could negotiate for a better deal than that.”
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