The U.S. Securities and Exchange Commission (SEC) has removed all information regarding its lawsuit against Ripple $3 from its official website. This move has fueled speculation within the XRP community that the case may be concluded. However, experts assert that the case remains active in legal databases, and Ripple’s legal team has expressed expectations for a resolution within this year.
Changes on SEC’s Website and Its Implications
The deletion of content related to the Ripple case from the SEC’s official site has caused an immediate shock in the cryptocurrency community. Community members believe that the decision signals a potential development in the case. Some users suggested that the information was moved to a “pending” category, but no such section exists on the SEC website.
Attorney Jeremy Hogan commented that courts do not take into account changes made to the SEC’s website. He noted that while this action may relate to an internal SEC regulation, it does not affect the legal proceedings. Furthermore, it has been confirmed that the case is still active in legal databases.
Legal Process and Expectations
Ripple’s lead defense attorney, Stuart Alderoty, mentioned that while the case could extend until 2025, it may still be resolved this year. Alderoty emphasized that much of the current discourse is “unnecessary noise,” asserting the company’s strong legal position. Ripple continues to solidify its stance in the cryptocurrency market with recent licensing acquisitions.
Legal experts argue that the SEC may introduce new arguments during the appeals process; however, they believe this will not fundamentally alter the course of the case. Despite potential delays, the XRP community remains supportive of Ripple’s legal fight, with speculations likely to persist until official announcements are made.