The case between Ripple and the United States Securities and Exchange Commission (SEC) continues. SEC is seeking a $2 billion fine from Ripple, a situation that is similar to what happened with Binance. The Ripple case is an important turning point for the cryptocurrency XRP, and the outcomes of the case could be decisive in classifying XRP as a security.
Struggle between Ripple and SEC
As SEC increases its pressure on Ripple, critical dates of the Ripple case have been set. Judge Analisa Torres has ruled that some XRP sales are not securities, but has indicated that institutional sales should be considered investment contracts. This has caused fluctuations in the price of XRP.
Future of the Case and Possible Outcomes
There is a possibility that XRP will not be classified as a security as a result of the case, but the appeals process could change this. Experts predict that the case could conclude in 2026. Summary judgments in favor of Ripple could strengthen the position of XRP in the market.
Implications for Readers
The case between Ripple and SEC will be critical for the status of XRP as a security.
Decisions in favor of Ripple could positively affect the price of XRP.
The prolonging of the case and the potential delay until 2026 is anticipated.
In conclusion, the Ripple case will have significant implications for both Ripple and the general cryptocurrency market. The course and results of the case could directly influence the legal status of XRP and its position in the market. However, it should be noted that this process will take a long time and will involve various appeals processes.
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