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One Week After Settlement Snag, Ripple And SEC Yet To File Correction As XRP Market Waits


by Coin Edition
for CoinEdition
Ripple SEC Settlement Denial By Judge Torres Last Week Extends XRP Case Uncertainty Procedural Error.
  • Ripple SEC settlement rejection last week by Judge Torres over filing errors extends XRP uncertainty.
  • Market awaits Ripple & SEC’s next move on a corrected settlement after the May 15 denial.
  • Despite the legal setback, XRP price shows some recovery this week; technicals hint at potential breakout.

The long-running legal battle between Ripple and the U.S. Securities and Exchange Commission (SEC) is far from over. Judge Analisa Torres, who has been overseeing the high-profile case, has officially rejected a recent settlement request from both parties, throwing the future of the lawsuit into uncertainty once again. 

A few weeks ago, Ripple and the SEC had agreed to settle their long-running legal dispute, aiming to wrap things up quickly. However, Judge Torres denied their joint request, calling it “procedurally improper.” In simple terms, the court said they didn’t follow the correct legal process when filing their request.

The post One Week After Settlement Snag, Ripple And SEC Yet To File Correction As XRP Market Waits appeared first on Coin Edition.

Read the article at CoinEdition

Read More

Ripple to Settle SEC Fine in Cash, Not XRP, Former SEC Official Confirms

Ripple to Settle SEC Fine in Cash, Not XRP, Former SEC Official Confirms

Former U.S. Securities and Exchange Commission (SEC) official Marc Fagel has confirme...
Europe’s Central Bank Just Flipped – XRP Holders MUST Pay Attention

Europe’s Central Bank Just Flipped – XRP Holders MUST Pay Attention

In a quiet yet potentially monumental shift, the European Central Bank (ECB) has incl...

One Week After Settlement Snag, Ripple And SEC Yet To File Correction As XRP Market Waits


by Coin Edition
for CoinEdition
Ripple SEC Settlement Denial By Judge Torres Last Week Extends XRP Case Uncertainty Procedural Error.
  • Ripple SEC settlement rejection last week by Judge Torres over filing errors extends XRP uncertainty.
  • Market awaits Ripple & SEC’s next move on a corrected settlement after the May 15 denial.
  • Despite the legal setback, XRP price shows some recovery this week; technicals hint at potential breakout.

The long-running legal battle between Ripple and the U.S. Securities and Exchange Commission (SEC) is far from over. Judge Analisa Torres, who has been overseeing the high-profile case, has officially rejected a recent settlement request from both parties, throwing the future of the lawsuit into uncertainty once again. 

A few weeks ago, Ripple and the SEC had agreed to settle their long-running legal dispute, aiming to wrap things up quickly. However, Judge Torres denied their joint request, calling it “procedurally improper.” In simple terms, the court said they didn’t follow the correct legal process when filing their request.

The post One Week After Settlement Snag, Ripple And SEC Yet To File Correction As XRP Market Waits appeared first on Coin Edition.

Read the article at CoinEdition

Read More

Ripple to Settle SEC Fine in Cash, Not XRP, Former SEC Official Confirms

Ripple to Settle SEC Fine in Cash, Not XRP, Former SEC Official Confirms

Former U.S. Securities and Exchange Commission (SEC) official Marc Fagel has confirme...
Europe’s Central Bank Just Flipped – XRP Holders MUST Pay Attention

Europe’s Central Bank Just Flipped – XRP Holders MUST Pay Attention

In a quiet yet potentially monumental shift, the European Central Bank (ECB) has incl...