Altcoins News
By James Thorp
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Recent developments in the ongoing legal battle between Ripple and the U.S. Securities and Exchange Commission (SEC) are raising expectations of a potential resolution.
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SEC’s Decision on Coinbase Lawsuit: A Possible Precedent for Ripple?
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In a surprising twist, the SEC is set to drop its lawsuit against Coinbase, pending a vote by the agency’s commissioners.
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According to Eleanor Terrett, a reporter for Fox Business, the situation with Ripple is different due to an existing order from Judge Torres requiring Ripple to pay the $125…
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The SEC's dropping of its case against Coinbase has prompted questions about whether Ripple could negotiate a reduction or even removal of its penalty.
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XRP ETF Acknowledgment and Growing Optimism
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Further fueling optimism among XRP supporters is the SEC’s recent acknowledgment of XRP exchange-traded fund (ETF) filings.
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Nate Geraci, co-founder of the ETF Institute, also noted the potential implications of the SEC’s stance on the XRP ETF, suggesting that it could signal a shift in the ongoing…
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While the SEC continues to prioritize pressing cases like Kraken’s, which has a deadline in March 2025, the XRP lawsuit could soon be resolved.
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