{"id":49024,"date":"2025-03-13T05:54:49","date_gmt":"2025-03-13T05:54:49","guid":{"rendered":"https:\/\/crowdfundjunction.com\/blog\/sec-moves-to-close-lawsuit-against-ripple-courtesy-settlement-talks\/"},"modified":"2025-03-13T05:54:49","modified_gmt":"2025-03-13T05:54:49","slug":"sec-moves-to-close-lawsuit-against-ripple-courtesy-settlement-talks","status":"publish","type":"post","link":"https:\/\/crowdfundjunction.com\/blog\/sec-moves-to-close-lawsuit-against-ripple-courtesy-settlement-talks\/","title":{"rendered":"SEC Moves to Close Lawsuit Against Ripple Courtesy Settlement Talks"},"content":{"rendered":"

(Originally posted on : Crypto News – iGaming.org )<\/b>
\n<\/p>\n

\n

The case against Ripple, the payments company accused of trading XRP<\/a> as an unregistered security, is allegedly nearing completion by the U.S. Securities and Exchange Commission (SEC). In 2024, Ripple achieved partial win in the legal struggle that started in 2020, but it still had to pay a $125 million fine<\/a>.<\/p>\n

Although discussions have caused a delay, Eleanor Terrett, a reporter for Fox Business, disclosed that both parties are striving to bring the matter to a close. The fine and its legal ramifications are the main topics of discussion.<\/p>\n

Ripple Seeks Better Terms in Settlement<\/strong><\/h2>\n

Terrett, citing unnamed sources, stated that Ripple\u2019s legal team is pushing for more favorable terms. She explained, \u201cMy understanding is that the delay in reaching an agreement is due to Ripple\u2019s legal team negotiating more favorable terms regarding the August district court ruling, which imposed a $125M fine on the company and included a permanent injunction preventing the company from selling XRP to institutional investors.\u201d<\/em><\/p>\n

The argument centers on the SEC\u2019s shifting stance on crypto regulation. If new leadership at the SEC is reconsidering enforcement actions against crypto firms, Ripple questions why it should still face penalties.<\/p>\n

Terrett added, \u201cAccepting the Torres ruling as it stands would mean that Ripple is essentially agreeing to admit to wrongdoing \u2013 but now the SEC itself is seemingly unsure whether any wrongdoing occurred.\u201d<\/em><\/p>\n

\n
\n
\n
\n
\n
177% up to 5BTC + 77 Free Spins<\/strong>!<\/strong> <\/p>\n

New players only. Exclusive Welcome Bonus of 177% + 77 Free Spins <\/p>\n<\/p><\/div>\n<\/p><\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div><\/div>\n

Source link <\/a>
\n
<\/p>\n","protected":false},"excerpt":{"rendered":"

(Originally posted on : Crypto News – iGaming.org ) The case against Ripple, the payments company accused of trading XRP as an unregistered security, is allegedly nearing completion by the U.S. Securities and Exchange Commission (SEC). In 2024, Ripple achieved partial win in the legal struggle that started in 2020, but it still had to […]<\/p>\n","protected":false},"author":35,"featured_media":49025,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0},"categories":[34],"tags":[],"_links":{"self":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/49024"}],"collection":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/users\/35"}],"replies":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/comments?post=49024"}],"version-history":[{"count":0,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/49024\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media\/49025"}],"wp:attachment":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media?parent=49024"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/categories?post=49024"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/tags?post=49024"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}