Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesCopyBotsEarn
It is reported that Ripple plans to hold a settlement meeting with the US SEC next week

It is reported that Ripple plans to hold a settlement meeting with the US SEC next week

CointimeCointime2024/04/13 07:31
By:Cointime

Ripple unexpectedly unlocked 800 million XRP (worth nearly $500 million) on the X platform earlier this month. It is expected to hold a settlement meeting with the US Securities and Exchange Commission next week. Ashley Prosper, a member of the XRP community, analyzed that the legal dispute between the US Securities and Exchange Commission and Ripple may end in a settlement. The main reasons include: the Second Circuit Court of Appeals rejected the SEC's request to revoke its seizure of illegal gains. It is worth noting that if the buyer did not suffer economic losses, the SEC has no right to recover the stolen money from the seller. In addition, it is unclear which institutional investor suffered economic losses from buying XRP from Ripple.

0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

PoolX: Locked for new tokens.
APR up to 10%. Always on, always get airdrop.
Lock now!

You may also like

All Eyes Will Be On These 6 Altcoins In The New Week – They Will Go Through Important Events

The cryptocurrency market will keep an eye on six different altcoins this week. Here is the list to follow.

Bitcoinsistemi2025/01/28 01:44

Solana-Based Project Shows 40 Percent Increase, Positively Differentiating from the Market! Here's Why!

Jupiter platform’s launch event Catstanbul 2025 saw an increase following an important announcement by its founder Meow.

Bitcoinsistemi2025/01/28 01:44

Standard Chartered Explains Reason for Bitcoin's Recent Drop, Tells Investors What to Do Next!

Standard Chartered analyst Geoffrey Kendrick has advised investors to buy the Bitcoin dip.

Bitcoinsistemi2025/01/28 01:44

Cardano (ADA) Founder Charles Hoskinson Offers Collaboration to Elon Musk! "Contact Us!"

Cardano founder Charles Hoskinson has offered to help Elon Musk with his plan to use blockchain to improve Government Efficiency (DOGE).

Bitcoinsistemi2025/01/28 01:44