The last Ripple victory over the SEC caused a sensation in the world of encryption. After a long legal battle, the Supreme Education Council dropped a lawsuit against Ripple, which left this industry to enhance excitement .. This decision represents a major shift in how to deal with the organizers of digital assets in the United States, and may put an important precedent for future cases.
Jeremy Hogan, legal expert, She provided detailed details of the current situation, explaining that although the Supreme Education Council has dropped its call, it is still unclear whether Ripple has agreed to this. He said that the ruling issued by Judge Torres, which includes a penalty worth $ 125 million and a judicial order, is the worst scenario of ripples. This is what can happen after that:
- Ripple can continue to appeal, and to search for the court’s ruling on whether investment contracts require official agreements.
- Ripple may agree to drop its appeal, and return the case to the trial court where both sides can try to amend the ruling.
- Ripple can appeal and reach a special agreement with SEC without amending the ruling.
- Ripple may pay $ 125 million and continue without further legal procedures.
This result can have permanent effects on the encryption industry, as SEC’s decision to retract its aggressive position indicates a possible transformation towards more clear and balanced organizational guidelines.
The legal victory wipes a major barrier to Ripple and paves the way for the company to continue its mission of revolutionizing the cross -border payments. It also indicates a future in which digital assets can be organized under clearer rules, creating opportunities for growth in the industry. If Ripple managed to maintain this momentum, this may be a change in Crypto and provides a new path forward.
