The Ripple’s SEC case now has two expectations, with major repercussions on Crypto

According to what was reported approaching the long legal battle with the American Securities and Stock Exchange Committee (SEC), according to the sources within the agency, which was mentioned by a member of the XRP community called Andrew. Opinion claims that negotiations that involve the case of the five -year court can be re -classified XRP as a commodity.

According to the participation of March 17 by Andrew, who uses the X AP_ABACUS handle, two SEC sources said that XRP can Receive “Looking at serious goods” and that the fine imposed on ripples in late 2024 may be “largely reduced.”

He also stated that the new SEC leadership “realizes” how important the issue is in the broader digital currency industry in terms of regulatory laws.

The file of the ripple against the Supreme Council of Education Court is still active

Andrew’s comments come just five days after the Fox News Elianor Territ correspondent reported that negotiations were delayed due to the Ripple Legal Team to a more appropriate settlement conditions.

Territ He said This wavy is supposed to compete for a fine of $ 125 million imposed after a local court ruling in August 2023 by Judge Angia Torres. It also stated that Ripple is optimistic about her call not to pay fines because SEC reflects enforcement measures against other encryption companies since the Trump administration took office.

Acceptance of Torres’s decision, as will, would mean that Ripple mainly agrees to recognize error – but now SEC is not sure whether any violations have occurred,“The sun is stuck.

According to what the company was fighting, a permanent judicial order prevents it from selling XRP to institutional investors. One commentator on Andrew’s publication indicated that if Ripple succeeds in re -negotiating his conditions, he may avoid paying any fine.

Payment of the fine is a guilt agreement, and this “guilt” was rejected in similar parallel casesThey stated.

The call of the Supreme Education Council is not possible, the community speaks

On January 15, SEC officially resumed Judge Torres’s referee in July 2023, which was found that although XRP was considered an investment contract when he was sold to institutional investors, he did not fulfill this classification when selling it to retailers.

XRP members felt that the referee was a partial victory for Ripple, as he stressed that XRP secondary sales were not subject to securities regulations.

In a report from the Andrew Prayer report, Lawyer Bill Morgan said that the XRP commodity condition and that reducing fines are reasonable, but the main challenge lies in the upholstery.

“Something should happen in relation to the matter.” booksWith insist that the restrictions imposed on institutional sales for Ripple must be resolved to continue working in the US market more freely.

Lawyer Hogan sees multiple ways to make “settlements”

On March 13 string Posted on X, the Landian Lawyer Jeremy Hogan said he was particularly fascinated by one of the Teret report: “The case is in the closing process and could end soon.”

For Hogan, this means that Ripple and SEC may work on a special settlement agreement that will deny the need for any other court procedures.

he discussion A scenario in which SEC and Ripple agreed to a private sector settlement, rejecting appeal, and never re -settle the terms of settlement to the Court of Trial to ratify it. According to the lawyer, this approach from SEC will require to abandon the imposition of the podium, which may serve as a difficult privilege on the financial financial agency.

I have it difficult to believe that the Supreme Education Council will agree to this, but perhaps you may agree to something more deviant such as providing a Ripple path to actually register XRP sales for institutional investors (for example). This means that Ripple can get what you need while the Supreme Education Council does not abandon the court’s matter starkly“Hogan thinks.

In her decision, Judge Torres refused to request the Supreme Education Council to dismantle, and they decided that institutional investors had not suffered cash. It also issued a judicial order preventing ripples from violating securities laws, but refused to impose a comprehensive ban on all XRP sales.

Hojan Argue Returning the case to the trial court may be the best choice for Ripple, because it will allow the judge to amend the ruling. He cited the SEC case opposite the 2010 Bank of America, where Judge Rakoff agreed to the ruling of approval despite his initial belief that the conditions for settlement of the bank were very lenient.

What if the trial court refuses to amend the ruling? You are still in the same position and you can still enter the Special Settlement Agreement. You get a free shot – this is a rare life. But it will take two days longerHe concluded.

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