CryptoMediaClub
Sunday, July 27, 2025
  • All news
  • Bitcoin
  • Ethereum
  • Altcoins
  • NFT
  • Blockchain
  • Analysis
No Result
View All Result
  • All news
  • Bitcoin
  • Ethereum
  • Altcoins
  • NFT
  • Blockchain
  • Analysis
No Result
View All Result
CryptoMediaClub
No Result
View All Result
Home All news

Ripple v. SEC Settlement? Former SEC Director Doubts It, Says Ruling Might Come in Days

19.06.2023
A A
0
132
VIEWS
ShareShare

It seems that the case between the United States Securities and Exchange Commission (SEC) might soon be headed for trial.

The former Director of the SEC’s San Francisco Office, Marc Fagel, speculated on the matter on Twitter, saying that he thinks a ruling might be coming in a few days.

Will the SEC Settle With Ripple?

According to Fagel, a “settlement wouldn’t be a legal precedent.” However, he also argued that if there were a settlement to be had, “it seems like it would have happened already. He mentioned that “eve-of-trial” settlements are also not unusual, but the impact of an injunction on future XRP sales seems to be a sticking point.

In addition, he also said that his “guess is a ruling is coming within days.” Fagel mentioned that even if he’s wrong, there’s currently no basis for thinking that the delay of this case is because of anything “beyond the complexity of the case.”

My only point of reference is the recent unsealing order; that suggested to me that the Court had already determined what the ruling would be. […] I think the fact that she’s (judge Torres) unsealing materails that, if relevant at all, will only come out at trial rather than on SJ (i.e.the speech materials) suggests that at least some of this is headed for trial; beyond that is speculation.

The Unsealed Hinman Speech

Fagel’s unsealing of documents refers to the most recent development in the Ripple v. SEC case when Judge Analisa Torres unveiled the Hinman speech to the public.

ADVERTISEMENT

As CryptoPotato reported, Ripple’s Chief Legal Office called for it to be removed from the SEC’s website and never again to be invoked in any discussions on whether an asset is a security.

The speech has been central to the Commission’s legal efforts, alleging that the sale of XRP in 2013 constituted an unregistered securities offering. Ripple, on the other hand, asserts that the speech describes Ether as a commodity, which should also rule out XRP from being a security since it was sold in a similar way.

SPECIAL OFFER (Sponsored) Binance Free $100 (Exclusive): Use this link to register and receive $100 free and 10% off fees on Binance Futures first month (terms).
PrimeXBT Special Offer: Use this link to register & enter CRYPTOPOTATO50 code to receive up to $7,000 on your deposits.

Share10Tweet6ShareSharePin2

Related Posts

What if Strategy Had Invested in XRP Instead of Bitcoin? 
All news

What if Strategy Had Invested in XRP Instead of Bitcoin? 

27.07.2025
0

Strategy (formerly known as MicroStrategy) has been on a wild ride these past few years — defying naysayers by persevering...

Read moreDetails
Ethena Up 21% After $360M USDe Deal – Can ENA Hit $1?

Ethena Up 21% After $360M USDe Deal – Can ENA Hit $1?

27.07.2025
After the Passage of the Genius Act, ALL4 Mining and XRP Will Help Investors Open a New Chapter in Mining Income

After the Passage of the Genius Act, ALL4 Mining and XRP Will Help Investors Open a New Chapter in Mining Income

27.07.2025
Bitcoin Price Prediction: All Eyes on This Descending Triangle Chart Pattern – 100% Move Coming?

Bitcoin Price Prediction: All Eyes on This Descending Triangle Chart Pattern – 100% Move Coming?

27.07.2025
Siton Mining Launches New Application to Use XRP to Start BTC Mining Machines

Siton Mining Launches New Application to Use XRP to Start BTC Mining Machines

27.07.2025
Load More
Next Post
Altcoin ETPs see inflows amid ETH, BTC outflows as alts recover

Altcoin ETPs see inflows amid ETH, BTC outflows as alts recover

0 0 votes
Рейтинг статьи
Subscribe
Notify of
guest
guest
0 комментариев
Oldest
Newest Most Voted
Inline Feedbacks
View all comments

Recommended

Police Arrest Dutch Legislation Scholar in Connection With $4.6M Crypto Funding Scheme

Police Arrest Dutch Legislation Scholar in Connection With $4.6M Crypto Funding Scheme

7 months ago
CME Group’s Report Foresees Ethereum Potentially Outperforming Bitcoin in 2024 Amid Halving Dynamics

CME Group’s Report Foresees Ethereum Potentially Outperforming Bitcoin in 2024 Amid Halving Dynamics

2 years ago
Blockchain Gaming Market to Reach $615 Billion by 2030

Blockchain Gaming Market to Reach $615 Billion by 2030

2 years ago

Bitcoin Mining Stocks Are Up 200% YTD, but One Has Soared Almost 400%

2 years ago

Categories

  • All news
  • Altcoins
  • Analysis
  • Bitcoin
  • Blockchain
  • Ethereum
  • NFT
No Result
View All Result

Highlights

Bitcoin Price Prediction: All Eyes on This Descending Triangle Chart Pattern – 100% Move Coming?

Siton Mining Launches New Application to Use XRP to Start BTC Mining Machines

How Little Pepe’s Layer 2 Chain Changes Meme Coin Hype, Raises $5 Million in Presale

El Salvador’s Bitcoin Strategy Faces IMF Hurdles and Limited Public Reach, Says NGO

Solana Price Prediction: Key Technical Formation Signals Major Upside Potential for SOL

Dragonfly Capital Faces Potential Charges Over Tornado Cash Ties, Vows to Fight Back

Trending

What if Strategy Had Invested in XRP Instead of Bitcoin? 
All news

What if Strategy Had Invested in XRP Instead of Bitcoin? 

27.07.2025
0

Strategy (formerly known as MicroStrategy) has been on a wild ride these past few years — defying...

Ethena Up 21% After $360M USDe Deal – Can ENA Hit $1?

Ethena Up 21% After $360M USDe Deal – Can ENA Hit $1?

27.07.2025
After the Passage of the Genius Act, ALL4 Mining and XRP Will Help Investors Open a New Chapter in Mining Income

After the Passage of the Genius Act, ALL4 Mining and XRP Will Help Investors Open a New Chapter in Mining Income

27.07.2025
Bitcoin Price Prediction: All Eyes on This Descending Triangle Chart Pattern – 100% Move Coming?

Bitcoin Price Prediction: All Eyes on This Descending Triangle Chart Pattern – 100% Move Coming?

27.07.2025
Siton Mining Launches New Application to Use XRP to Start BTC Mining Machines

Siton Mining Launches New Application to Use XRP to Start BTC Mining Machines

27.07.2025
  • All news
  • Altcoins
  • Bitcoin
  • Blockchain
  • Ethereum
  • NFT
  • Analysis
Editor: cryptomediaclub.com@gmail.com
Advertising: digestmediaholding@gmail.com

Disclaimer: Information found on CryptoMediaClub is those of writers quoted. It does not represent the opinions of CryptoMediaClub on whether to sell, buy or hold any investments. You are advised to conduct your own research before making any investment decisions. Use provided information at your own risk.
CryptoMediaClub covers fintech, blockchain and Bitcoin bringing you the latest crypto news and analyses on the future of money.

© 2023 Crypto News. All Rights Reserved

No Result
View All Result
  • All news
  • Bitcoin
  • Ethereum
  • Altcoins
  • NFT
  • Blockchain
  • Analysis

Disclaimer: Information found on CryptoMediaClub is those of writers quoted. It does not represent the opinions of CryptoMediaClub on whether to sell, buy or hold any investments. You are advised to conduct your own research before making any investment decisions. Use provided information at your own risk.
CryptoMediaClub covers fintech, blockchain and Bitcoin bringing you the latest crypto news and analyses on the future of money.

© 2023 Crypto News. All Rights Reserved

wpDiscuz