Will XRP Lawsuit End Today? SEC Closed-Door Meeting Stirs Ripple Case Rumors
On January 30, the closed -door meeting of the US Securities and Exchange Commission (SEC) triggered a new speculation in the future of the undergoing Ripple case. This marks the fifth conference this year, which has attracted the attention of the XRP community, and the potential development of the XRP community in litigation is full of hope.
Arrange in advance Discovery through the “Sunshine Law” on the SEC website, It will be characterized by SEC’s acting chairman Mark Uyeda and the commissioner Hester Peirce. The leaders of Uyeda attracted people’s attention because he was known for his key positions for the use of law enforcement operations to regulate cryptocurrencies.
The theme of the closed meeting will include the following topic:
- System and settlement ban;
- The institution and solution of administrative procedures;
- Resolve litigation claims; and
- Other matters related to exams and law enforcement procedures.
When he continued to be an interim chairman, waiting for the confirmation of the permanent successor of the US Senate, many people believe that his leadership ability may be conducive to clarity and fairness to the cryptocurrency industry.
Potential breakthrough of Ripple
According to reports, it is reported that SEC has deleted all references to Ripple from the litigation version on its website. This has caused people to speculate that litigation involving ripples may end. Although this change is not a conclusion evidence at the end of the case, it undoubtedly sparked excitement from the XRP community. This situation is still smooth. Although there is no official confirmation, the XRP community hopes that this is a sign of progress.
Ripple’s CEO Brad Garlinghouse recently talked about the danger of maximizing encryption and advocated that it has a more inclusive method for the industry. Garlinghouse, which has various cryptocurrencies including XRP, Bitcoin and Ethereum, said that he believes that the attitude of collaboration is essential to promote cryptocurrency space.
