Ripple-SEC Deal Looks Real, But Timing Is Weird, Legal Expert Warns
- Ripple reports SEC deal to cut penalty and end case, but final commission approval is pending
- Crypto lawyer Bill Morgan flags ‘odd’ timing, noting SEC has yet to formally sign off
- XRP price falls 11% this week as uncertainty clouds Ripple’s litigation status
FinTech company Ripple appears to be celebrating what it considers a victory in the ongoing litigation with the SEC.
For the first time, Ripple explicitly referenced the details of an agreement with the SEC on the final steps to ending the longstanding litigation that has significantly impacted XRP, the XRP Ledger’s native token.
Crypto Lawyer Notes ‘Odd’ Timing
However, not everyone is convinced the end is definitively here yet. In a post on X, renowned crypto lawyer Bill Morgan cited a segment of Ripple’s Q1 2025 report containing information about the case.
Despite acknowledging Ripple’s forwardness in publicly reporting the agreement with the SEC, Morgan sensed something odd about the report, considering the SEC commissioners have not voted on the issue.
The post Ripple-SEC Deal Looks Real, But Timing Is Weird, Legal Expert Warns appeared first on Coin Edition.
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Ripple-SEC Deal Looks Real, But Timing Is Weird, Legal Expert Warns
- Ripple reports SEC deal to cut penalty and end case, but final commission approval is pending
- Crypto lawyer Bill Morgan flags ‘odd’ timing, noting SEC has yet to formally sign off
- XRP price falls 11% this week as uncertainty clouds Ripple’s litigation status
FinTech company Ripple appears to be celebrating what it considers a victory in the ongoing litigation with the SEC.
For the first time, Ripple explicitly referenced the details of an agreement with the SEC on the final steps to ending the longstanding litigation that has significantly impacted XRP, the XRP Ledger’s native token.
Crypto Lawyer Notes ‘Odd’ Timing
However, not everyone is convinced the end is definitively here yet. In a post on X, renowned crypto lawyer Bill Morgan cited a segment of Ripple’s Q1 2025 report containing information about the case.
Despite acknowledging Ripple’s forwardness in publicly reporting the agreement with the SEC, Morgan sensed something odd about the report, considering the SEC commissioners have not voted on the issue.
The post Ripple-SEC Deal Looks Real, But Timing Is Weird, Legal Expert Warns appeared first on Coin Edition.
Read More
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