• Contact Us
  • Press Release
Marketcap
Advertise
BitCoinist News
No Result
View All Result
  • Home
  • Bitcoin
    • News
    • Price
    • Businesses
    • Technology
    • Investment
    • Regulations
    • All Bitcoin News
  • Altcoins
    • News
    • Ethereum
    • Litecoin
    • Ripple
    • EOS
    • All Altcoin News
  • Technology
    • Blockchain
    • Fintech
    • Security
  • Industry
  • How-To
  • Events
  • Press Release
Presale
  • Home
  • Bitcoin
    • News
    • Price
    • Businesses
    • Technology
    • Investment
    • Regulations
    • All Bitcoin News
  • Altcoins
    • News
    • Ethereum
    • Litecoin
    • Ripple
    • EOS
    • All Altcoin News
  • Technology
    • Blockchain
    • Fintech
    • Security
  • Industry
  • How-To
  • Events
  • Press Release
No Result
View All Result
BitCoinist News
No Result
View All Result

Ripple Vs. SEC Lawsuit Rages On: Here’s What We Know About The Closed Door Meeting Happening Today

January 30, 2025
in Ripple
0 0
0
Home Altcoins Ripple
Share on FacebookShare on Twitter


Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure

The Ripple vs. SEC lawsuit has again come into focus. The US Securities and Exchange Commission (SEC) is set to hold a closed-door meeting today, which has raised speculation that the Commission could potentially settle with Ripple after the meeting. 

What To Know About The Commission’s Meeting Amid Ripple Vs. SEC Settlement Speculations

The SEC is set to hold its first closed-door meeting today since Mark Uyeda was appointed acting Chair. According to the press release, the meeting will cover topics related to the institution and settlement of injunctive actions, the institution and settlement of administrative proceedings, the resolution of litigation claims, and other matters related to examinations and enforcement proceedings. 

The Ripple vs. SEC settlement speculations have arisen because of the Commission’s plans to discuss topics that relate to the resolution of litigation claims at the closed-door meeting. Moreover, the crypto community is betting on a settlement since Uyeda, who is pro-crypto, unlike the former SEC Chair Gary Gensler, could be more open to the idea of settling with Ripple rather than proceeding with the appeal. 

However, former SEC official Marc Fagel has dispelled the possibility that the SEC and Ripple could reach a settlement after the closed-door meeting. In a now-deleted X post, Fagel noted that the meeting is the same one that the Commission holds nearly every week. He added that the Commissioners will simply vote on recommendations that were calendared weeks ago. 

In line with this, he remarked that those expecting something monumental to happen are about to be disappointed. Meanwhile, the former SEC official opined that any potential settlement in the Ripple vs. SEC lawsuit is still weeks away. He believes that Trump’s administration could facilitate the settlement, but that would only happen after Trump’s nominee, Paul Atkins, is confirmed by the Senate for the SEC Chair role. 

Clarification On The Case Being Removed From SEC’s Website

There had been speculations that the Ripple vs. SEC lawsuit had ended amid the case being removed from the Commission’s website. However, in an X post, legal expert Jeremy Hogan clarified that the case was still ongoing despite this development. He noted that the case was still on the appellate court’s website, confirming that both parties have yet to reach a settlement. 

The most recent developments in the case include the SEC’s filing of its opening brief in which the Commission again argued that Ripple violated securities laws through its institutional and programmatic sales were investment contracts. Meanwhile, Ripple has requested a due date of April 16, 2025, to file its opening brief. Atkins is likely to have been confirmed as the SEC chair by then, which could pave the way for a settlement before the appeal case goes further. 

It is also worth mentioning that Better Markets has filed an amicus curiae brief in support of the SEC. The nonprofit argues that Ripple violated securities laws through its secondary XRP sales. 

Ripple
XRP trading at $3 on the 1D chart | Source: XRPUSDT on Tradingview.com

Featured image from iStock, chart from Tradingview.com

Editorial Process for bitcoinist is centered on delivering thoroughly researched, accurate, and unbiased content. We uphold strict sourcing standards, and each page undergoes diligent review by our team of top technology experts and seasoned editors. This process ensures the integrity, relevance, and value of our content for our readers.



Source link

Tags: ClosedDoorHappeningHereslawsuitMeetingRagesRippleSECtoday
Previous Post

Reflections on 2024 and Ambitions for 2025

Next Post

ECC Roadmap: Q1 2025 – Electric Coin Company

Related Posts

Judge Torres Rejects Motion In SEC Vs Ripple—What Are The Consequences?
Ripple

Judge Torres Rejects Motion In SEC Vs Ripple—What Are The Consequences?

May 16, 2025
SEC’s Ripple Settlement Under Fire: Commissioner Crenshaw Voices Concerns
Ripple

SEC’s Ripple Settlement Under Fire: Commissioner Crenshaw Voices Concerns

May 10, 2025
Ripple Vs. SEC Battle Update: Crypto Firm Seeks Final End To Legal Turmoil
Ripple

Ripple Vs. SEC Battle Update: Crypto Firm Seeks Final End To Legal Turmoil

May 9, 2025
Ripple Pursues  Billion Acquisition Of Circle After Initial Offer Rejected
Ripple

Ripple Pursues $20 Billion Acquisition Of Circle After Initial Offer Rejected

May 3, 2025
Ripple Attempts  Billion Takeover Of USDC Issuer Circle, Bid Rejected
Ripple

Ripple Attempts $5 Billion Takeover Of USDC Issuer Circle, Bid Rejected

May 1, 2025
Crypto Industry Contributed  Million To Trump’s Inauguration, Ripple Among The Top Donors
Ripple

Crypto Industry Contributed $18 Million To Trump’s Inauguration, Ripple Among The Top Donors

April 22, 2025
Next Post
ECC Roadmap: Q1 2025 – Electric Coin Company

ECC Roadmap: Q1 2025 - Electric Coin Company

The Impact of Quantum Computing on Cryptocurrency Security

The Impact of Quantum Computing on Cryptocurrency Security

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

LATEST UPDATE

  • Circle co-founder to create ‘AI-native’ bank after $18M raise
  • German gov’t missed out on $2.3B profit after selling Bitcoin at $57K
  • New Crypto to Rally Alongside Trump’s Meme Coin Dinner in Just Two Days
  • Malone Lam And 12 Others Charged in RICO Conspiracy
  • BTC Price’s $107K Push Sparks $845M Liquidations – ATH or Crash Next?
BitCoinist News

BitCoinist News delivers the latest updates, trends, and insights from the world of cryptocurrency, blockchain, and finance. Stay informed with expert analysis and in-depth coverage on Bitcoin, Ethereum, and emerging digital assets.

BITCOIN

  • News
  • Businesses
  • Technology
  • Investment
  • Regulations

ALTCOIN

  • News
  • Price
  • Ripple
  • Litecoin
  • EOS

CATEGORIES

  • Technology
  • Blockchain
  • Fintech
  • Security
  • Press Release
  • How-To
  • About Us
  • Advertise With Us
  • Disclaimer
  • Privacy Policy
  • DMCA
  • Cookie Privacy Policy
  • Terms and Conditions
  • Contact Us

Copyright © 2025 Bitcoinist News.
Bitcoinist News is not responsible for the content of external sites.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Home
  • Bitcoin
    • News
    • Price
    • Businesses
    • Technology
    • Investment
    • Regulations
    • All Bitcoin News
  • Altcoins
    • News
    • Ethereum
    • Litecoin
    • Ripple
    • EOS
    • All Altcoin News
  • Technology
    • Blockchain
    • Fintech
    • Security
  • Industry
  • How-To
  • Events
  • Press Release

Copyright © 2025 Bitcoinist News.
Bitcoinist News is not responsible for the content of external sites.