XRP News: Ripple Continues to Fight SEC Ruling, Negotiates for Better Terms

Ripple’s long-standing legal battle with the Securities and Exchange Commission (SEC) is nearing its conclusion, but the company remains defiant and is negotiating for more favorable terms. Here’s a closer look at the latest developments in the case.

Ripple’s XRP Case with SEC Nearing End, Company Refuses to Accept Ruling

Ripple’s legal battle with the SEC is almost over, but the company is still facing harsh treatment. According to a former Fox Business journalist, Eleanor Terrett, the case is being finalized, but Ripple’s legal team is negotiating for better terms. The company refuses to accept the August ruling as it would mean admitting wrongdoing, and the new SEC itself seems unsure if any wrongdoing occurred. Ripple questions why it is still the only one paying the price, as the agency’s new leadership has cleared enforcement actions for Coinbase, Kraken, and Gemini.

SEC May Drop Ripple Lawsuit

In August 2024, a judge ruled that Ripple pay a $125 million fine and receive a permanent ban from selling XRP to institutional investors. With the departure of Gary Gensler, the SEC is reportedly preparing to drop the lawsuit and may agree to annul these penalties. The SEC v Ripple case is a pivotal legal battle for the crypto industry. Sources indicate that the case is in the process of wrapping up and could be over soon, with Ripple’s legal team negotiating more favorable terms.

XRP Gains Slightly as Ripple’s SEC Battle Nears End

Ripple’s legal battle with the SEC could be nearing its end, following ongoing negotiations. The new SEC administration has yet to close the case due to lingering demands from Ripple’s legal team. XRP could retest the $2.72 upper boundary resistance of a rectangular channel if it holds the $2.00 support. On Wednesday, XRP recorded a 2% gain following rumors of Ripple nearing an agreement with the SEC to end their four-year legal battle.

SEC’s Case Against Ripple Set to Close, Sources Say: Fox Business

The United States Securities and Exchange Commission (SEC) has moved closer to ending its prolonged legal battle against Ripple, according to Fox Business reporter Eleanor Terrett. Two sources familiar with the matter claim the SEC is considering ending its legal dispute with Ripple once final terms are agreed upon. This resolution may shape how future digital asset disputes are handled and reflects a broader industry adjustment in oversight within the US crypto sector.