Can Acting SEC Chair Mark Uyeda Drop the Ripple Case?
The legal struggle between Ripple Labs and the US Securities and Exchange Commission (SEC) has stimulated people’s extensive guessing of potential reconciliation. Recent development development shows that the resolution of this case may be closer than expected, and some of the signs indicate the possible results.
One factor that exacerbates speculation is that Brad Garlinghouse, CEO of Ripple, and President Donald Trump’s direct discussion about the national digital asset reserve. Although XRP’s idea of becoming a national reserve assets is still uncertain, the fact that the facts are happening are considered the main development.
Recently, the Ripple case is also deleted from the SEC website, and it is also widely discussed. Although this move triggered rumors about the upcoming solution, experts warned that do not read too much about this.
Sherrie is a famous expert in the XRP community, Say SEC has not proposed a case. It has actually ended, and it has now been listed based on reward claims. After the case was filed, it received a new case number that could be found on the website of the appeal court.
When the user asked why the agent Mark Uyeda had not revoked the case, she explained that the acting SEC chairman will discard the highly noticed case like Ripple. Usually, these major cases are handled by the official chairman
“Acting chair to seize the freedom of noticeable cases such as Ripple’s is unusual. Usually, these major cases are treated by the actual chairman. Atkins estimates that there is time to be approved by the Senate around April.” She wrote that she wrote road.
