Is Ripple Lawsuit Ending Today? SEC’ To Discuss ‘Settlements’ And Other Legal Matters Today
The ripple effect of the XRP community is obvious as another closed-door meeting that the SEC is preparing to hold, which is scheduled for February 13, 2025. This marks the third consecutive closing ceremony under the Sunshine Law, with excitement being established.
Is this the meeting the SEC finally inserted in an appeal against Ripple, leading to a major rally? The stakes are high, as the future of XRP may depend on the committee’s next steps. The evacuation of appeals could trigger a surge, pushing XRP to new all-time highs. Meanwhile, the market is waiting for greater legal clarity as asset managers are very interested in XRP ETFs.
The main themes of the agenda
- Institutions and resolutions of administrative procedures;
- Institutional and settlement ban action;
- resolve litigation claims; and
- Other matters related to examinations and law enforcement procedures.
In particular, the meeting will introduce solutions to injunction litigation, administrative litigation and litigation claims, litigation claims closely related to the ongoing SEC and Ripple case.
Experts speculate that formal measures to formally resolve the SEC and Ripple cases may trigger large-scale gatherings in the wider cryptocurrency sector. The potential end of this legal battle could also pave the way for groundbreaking IPOs and open up other market opportunities, which could create a more favorable tax environment for XRP holders.
While direct focus is on the next step of the SEC, many are moving beyond the ripple effect of the wider regulatory landscape. The SEC has set up a new task force to clarify encryption rules set by the Trump administration, which has brought people to a clearer statute to the fore.
