March 13, 2025
The August Decision
As per the FOX Business reporter, two sources have told her that the case is wrapping up and could be resolved soon. The delay is due to Ripple negotiating more favorable terms related to the August ruling.
Source: X (@EleanorTerrett)
Recently, the SEC dropped lawsuits against crypto companies like Coinbase, Gemini, and Kraken, and paused its civil fraud case against Justin Sun. Meanwhile, Ripple’s case remains unresolved due to ongoing talks over the August decision, which imposed a $125 million fine and an injunction preventing Ripple from selling XRP to institutional investors.
No Clear Precedent
Ripple argues it shouldn’t face penalties due to past regulatory uncertainty, especially with the SEC’s new leadership offering other crypto firms a fresh start. The lack of clear precedent has delayed the resolution.
Legal experts, including crypto lawyer James Murphy, believe Ripple is negotiating to modify aspects of the August ruling, which could hinder future plans like a public debut.
