Close Menu
  • Home
  • Crypto
    • News
    • Bitcoin
    • Ethereum
    • Altcoins
  • Exchanges
  • For Beginners
  • All posts
What's Hot

DAG Director Discusses the Continued Relevance of XRP in the Era of Stablecoin Growth

Jun. 18, 2025

Key Milestones and Future Steps in the Ripple-SEC Settlement

Jun. 18, 2025

Leading Analyst Indicates Favorable Outlook for XRP HTF Chart, Recommends Bid Placement Area for XRP

Jun. 18, 2025
Facebook X (Twitter) Instagram
X (Twitter) Telegram
Wide Web Crypto
  • Home
  • Crypto
    • News
    • Bitcoin
    • Ethereum
    • Altcoins
  • Exchanges
  • For Beginners
  • All posts
Wide Web Crypto
Home » Reasons for the SEC’s Delay in Issuing an Official Statement Regarding the Dismissal of the Ripple Case
Crypto

Reasons for the SEC’s Delay in Issuing an Official Statement Regarding the Dismissal of the Ripple Case

By adminMar. 21, 2025No Comments2 Mins Read
Facebook Twitter Pinterest Telegram LinkedIn Tumblr Copy Link Email
Follow Us
Google News Flipboard
Reasons for the SEC's Delay in Issuing an Official Statement Regarding the Dismissal of the Ripple Case
Reasons for the SEC's Delay in Issuing an Official Statement Regarding the Dismissal of the Ripple Case
Share
Facebook Twitter LinkedIn Pinterest Email Copy Link

Here’s Why SEC Yet To Issue Official Statement Dismissing Ripple Case

March 21, 2025

Image Owned By The Crypto Basic. Logo Displayed In The Image Are Owned By Respective Crypto Project

Eleanor Terrett, host of the Crypto America podcast, explains why the SEC has yet to issue an official statement dismissing the Ripple appeal.

With Ripple announcing that the SEC has dismissed its appeal, some XRP enthusiasts wonder why the commission has not issued an official statement reflecting this decision. As a result, these users took to X to question the rationale behind this delay.

Why SEC Has Not Officially Announced Ripple Appeal Dismissal

Responding, Terrett suggested that even though the SEC has agreed to dismiss the Ripple appeal, it must approve the decision internally before making any public statement.

Once approved, Terrett noted that people should expect a press release similar to the one the SEC issued after dismissing the Coinbase lawsuit a few weeks ago.

According to Terrett, the SEC usually handles litigation and enforcement matters during its closed-door meetings. While the agency usually holds these meetings on Thursdays, it did not schedule one for this week.

Notably, the pro-crypto journalist disclosed that the next SEC’s closed-door meeting is scheduled for next Thursday, March 27, 2025. During the meeting, she expects the SEC to address the Ripple appeal and subsequently issue a statement dismissing the case.

While the SEC has yet to make a public statement about dismissing the Ripple appeal, the company confirmed the commission has dropped its appeal.

Ripple Case Still Alive

Despite this decision, the Ripple case is still alive as the company has yet to also drop its cross-appeal against the commission.

This case relates to Ripple challenging a court decision on its past XRP sales to institutional clients. Notably, Judge Analisa Torres ordered a $125 million fine and a permanent injunction against Ripple for violating federal securities law.

Ripple CEO Brad Garlinghouse suggested that the company is negotiating with the SEC to drop the fine and permanent injunction.

If this happens, or the SEC makes a better offer, Ripple might also dismiss its cross-appeal against the regulator, potentially ending the lawsuit that has lingered for over four years.

Tags

Latest XRP (Ripple) News Today

Ripple v. SEC

Follow on Google News Follow on Flipboard
Share. Facebook Twitter Pinterest LinkedIn Telegram Email Copy Link

Related Posts

DAG Director Discusses the Continued Relevance of XRP in the Era of Stablecoin Growth

Jun. 18, 2025

Key Milestones and Future Steps in the Ripple-SEC Settlement

Jun. 18, 2025

Leading Analyst Indicates Favorable Outlook for XRP HTF Chart, Recommends Bid Placement Area for XRP

Jun. 18, 2025
Leave A Reply Cancel Reply

Top Posts

Wunderbit Review: Combining Crypto Exchange and Automated Crypto Trading in a Single Platform

Mar. 11, 2021

Top Cryptocurrency Spot Exchange Offering High Liquidity and Low Fees

May. 8, 2021

Review of FTX Exchange: A Highly Rated Cryptocurrency Derivative Exchange

May. 31, 2021

CoinMarginX Review: The Revolutionary Platform Transforming Online Trading

Jul. 29, 2021
Don't Miss

DAG Director Discusses the Continued Relevance of XRP in the Era of Stablecoin Growth

Jun. 18, 20253 Mins Read

DAG Director Explains Why XRP Will Remain Relevant Despite the Rise of StablecoinsJune 18, 2025Jake…

Key Milestones and Future Steps in the Ripple-SEC Settlement

Jun. 18, 2025

Leading Analyst Indicates Favorable Outlook for XRP HTF Chart, Recommends Bid Placement Area for XRP

Jun. 18, 2025

Cardano Needs to Maintain This Level to Initiate a Surge to $1.43

Jun. 18, 2025
Stay In Touch
  • Facebook
  • Twitter
  • Pinterest
  • Instagram
  • YouTube
  • Vimeo
Crypto
Crypto

Your source for the lifestyle news. This demo is crafted specifically to exhibit the use of the theme as a lifestyle site. Visit our main page for more demos.

We're accepting new partnerships right now.

Email Us: [email protected]
Contact: +1-320-0123-451

X (Twitter) Telegram
Exchanges

DAG Director Discusses the Continued Relevance of XRP in the Era of Stablecoin Growth

Jun. 18, 2025

Key Milestones and Future Steps in the Ripple-SEC Settlement

Jun. 18, 2025

Leading Analyst Indicates Favorable Outlook for XRP HTF Chart, Recommends Bid Placement Area for XRP

Jun. 18, 2025
For Beginners

Wunderbit Review: Combining Crypto Exchange and Automated Crypto Trading in a Single Platform

Mar. 11, 2021

Top Cryptocurrency Spot Exchange Offering High Liquidity and Low Fees

May. 8, 2021

Review of FTX Exchange: A Highly Rated Cryptocurrency Derivative Exchange

May. 31, 2021
  • Home
  • Crypto
  • Exchanges
  • For Beginners
©Copyright 2025 Wide Web Crypto All rights reserved.

Type above and press Enter to search. Press Esc to cancel.