The Ripple $3 SEC lawsuit continues to be active, despite changes in categorization on the SEC’s website. Legal experts have confirmed that the case remains in court, countering rumors that it has been removed from the regulator’s site.
Is the Ripple Case Over?
Speculation arose regarding the removal of information about the SEC’s lawsuit against Ripple Labs from its website. Some noted that the case was not listed in the “Litigation Releases” section, while other crypto-related cases, like those involving Coinbase, remained visible.
However, it is still possible to access details of the Ripple SEC case in other sections of the site, such as “Award Claims” and “Cases on Appeal.” Jeremy Hogan, a lawyer from Hogan & Hogan, stated, “Something might be happening within the SEC, but it won’t affect the case. The court is not concerned with what the SEC is doing on its website.”
Website Changes
The changes on the SEC website have coincided with increasing discussions among industry participants regarding the focus of the SEC under the Trump administration. Some social media users suggest that the removal of Ripple’s lawsuit from a section of the SEC’s website may indicate a shift in SEC tactics.
Among the new developments, major crypto holders have purchased 120 million XRP tokens. These purchases occurred alongside a statement from a former Ripple executive indicating positive developments for the Ripple community.
The observation of ongoing uncertainties in official documents supporting the continuation of the case suggests that Ripple’s financial obligations and legal processes continue to have a significant impact on the crypto market.