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Reading: Ripple SEC Case Maintains Momentum Despite Website Changes
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COINTURK NEWS > Ripple (XRP) > Ripple SEC Case Maintains Momentum Despite Website Changes
Ripple (XRP)

Ripple SEC Case Maintains Momentum Despite Website Changes

In Brief

  • The Ripple SEC lawsuit remains active, despite speculation of its closure.

  • Changes on the SEC's website have raised questions about the case's status.

  • Major crypto holders have recently purchased 120 million XRP tokens.

İlayda Peker
İlayda Peker 4 months ago
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The Ripple $0.007468 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.

Contents
Is the Ripple Case Over?Website Changes

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.

You can follow our news on Telegram, Facebook, Twitter & Coinmarketcap
Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research.

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İlayda Peker 29 January, 2025 - 3:05 am 29 January, 2025 - 3:05 am
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