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


Coin Edition
для 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.

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


Coin Edition
для 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.

Читать материал на CoinEdition

Читать больше

Ripple vs SEC: How the Outcome Could Reshape Financial Infrastructure Forever

Ripple vs SEC: How the Outcome Could Reshape Financial Infrastructure Forever

SMQKE, a well-known crypto researcher, believes that the result of the Ripple lawsuit...
Solana’s Anatoly Yakovenko Wades Into Sui Decentralization Debate After CETUS Hack

Solana’s Anatoly Yakovenko Wades Into Sui Decentralization Debate After CETUS Hack

Solana co-founder Anatoly Yakovenko has weighed in on the ongoing debate around Sui’s...