SEC Website No Longer Lists Ripple Lawsuit—XRP Price Reacts

• Ripple’s lawsuit was removed from the litigation section of the SEC website. 
• Jeremy Hogan said that the case is still present on the actual appellate court website.
• It is unlikely for Acting Chair Mark Uyeda to dismiss the Ripple lawsuit in the absence of Chair Paul Atkins.

The United States Securities and Exchange Commission (SEC) has taken down its lawsuit against the American fintech firm Ripple from its website. This move is stirring up a debate in the crypto community about the agency’s future plans. Some think this could mean a potential victory for the firm; others aren’t so sure. 

Jeremy Hogan, a partner at Hogan and Hogan law firm, was asked by a market participant about the missing lawsuit from the SEC website. Hogan first replied that the lawsuit could’ve been moved to a section for “cases on appeal” from the litigation section. 

But, he later corrected his statement, since the website doesn’t have a section for appeals. He added that the legal action is still present on the actual appellate court website with no new filings.

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