The main reason why SEC is not abandoned against Ripple
The American Securities and Stock Exchange Committee yet Stop Its appeal against Ripple because of the fact that it defines the priorities of cases with imminent final dates for the court, according to the legal sources mentioned by Fox Business.
like It was mentioned by u.todayBlockchain has requested the San Francisco -based institutions from the date of the April 16 entitlement to obtain its opening summary in the interrupted appeal against the agency.
SEC presented its opening summary in mid -January (just a few days before the departure of the SEC Gary Gensler).
The CEO of Ripple Brad Garlinghouse was quickly closing the summary as the “definition of madness”. SEC, the Best Ripple lawyer, refused to “noise”.
SEC urged aldeoty to drop non -Fraud cases, and the new leadership expects the appeal.
In fact, Ripple SEC urged the postponement of its summary due to the resignation of Gensler, but the agency refused to do so.
As U.today, the agency recently requested a 60 -day stand in the Binance case.
According to Wednesday a report Through the Wall Street Journal, which cited a file to the last court, the agency is also preparing to end a high -level lawsuit against Coinbase.
Fox Business claims that SEC may wait for Paul Atkins to take control. As U.Today, ATKINS, former SEC Commissioner, was nominated last year, but was not confirmed by the Senate. It has been widely praised by conservative liberalism, known for his friendly purity views, in the encryption industry.
Last month, Aldrii expected the case to be voluntarily withdrawn in 2025.