First Convicted RACCON priceFRED

In the latest legal turn of events, Ripple dropped the cross-appeal in the ongoing case with the American U.S. Securities and Exchange Commission (SEC), as mentioned in our last news article. This left doubts regarding the fate of its institutional sales. Although the case is approaching its end, the fate of the injunction against the company is a significant topic of debate in the crypto world. With Ripple having abandoned its cross-appeal, attention is now on whether the SEC will proceed to vacate the injunction that currently prevents the company from selling XRP to institutions. The injunction, which resulted from Judge Analisa Torres’ conclusion that Ripple’s original sales model was an investment contract, has been a pivotal obstacle to the company’s activities in the institutional market. In an X post , XRP attorney Bill Morgan discussed the recent developments while admitting that even if the injunction is dissolved, Ripple would be required to change its sales strategy to stay within the purview of securities laws. Legal analyst Fred Rispoli concurred and said that any re-launching of institutional sales would involve keeping pace with new regulatory requirements. Rispoli then explained his stance further, saying, “So to clarify, as I understand it, there will be no more restrictions on Ripple’s institutional XRP sales. They still must conform to securities law but can now sell to, say, hedge funds or private equity firms directly instead of to OTC desks first.” This viewpoint has generated talk regarding how Ripple could modify its sales strategy in order to be compliant with regulations while still holding onto its institutional relationships. The XRP community has been watching the final stages of the lawsuit, with speculation about what this holds for Ripple’s business operations growing. One top crypto commentator, WrathofKahneman, pointed out how significant the next move by the SEC is, explaining that if the regulatory body makes a move to lift the injunction, then Ripple might start institutional sales anew under new conditions. At the same time, Rispoli asked a rhetorical question about the enforcement of securities law in the crypto space: “But if a tree sells unregistered securities in a forest and no SEC is there to prosecute it, did the tree do anything illegal?” His remark raises questions about overall regulatory clarity and the SEC’s enforcement strategy for the developing digital asset marketplace. In another controversy, IMF’s Balance of Payments Manual shows that some utility tokens like XRP could be treated as securities, as reported in our previous article. Even with the possibility of resumed sales, the firm might continue to have compliance challenges. The company will have to ensure that whatever institutional transactions are made, they comply with securities rules to prevent future legal attacks. Though Ripple’s pullback of its cross-appeal is an indicator of advancement towards settling the case, the SEC’s reaction continues to play a crucial role in deciding the firm’s future action. If the regulatory body asks the court to vacate the injunction, Ripple might get back to conducting institutional sales as long as it makes required changes in its structure of sales.

The post Ripple vs. SEC Lawsuit Update: Fred Rispoli Reveals Final Timeline – Case Set to End in 60 Days! appeared first on Coinpedia Fintech News The long-running legal battle between the SEC and Ripple has reached its final stages. Last week, the SEC agreed to drop its appeal without conditions, and Ripple has now decided to drop its cross-appeal. Under the terms of the agreement, the SEC will retain $50 million of the $125 million fine, which is already held in an interest-bearing escrow account, while the remaining balance will be returned to Ripple. The final crossing of t’s and dotting of i’s – and what should be my last update on SEC v Ripple ever…Last week, the SEC agreed to drop its appeal without conditions. @Ripple has now agreed to drop its cross-appeal. The SEC will keep $50M of the $125M fine (already in an… — Stuart Alderoty (@s_alderoty) March 25, 2025 Additionally, the SEC will request that the court lift the standard injunction that had been imposed earlier at the SEC’s request. However, the deal is still subject to a Commission vote, the drafting of final documents, and the usual court procedures. Attorney Fred Rispoli quickly reacted to Alderoty’s post. Rispoli expressed frustration and sympathy for the SEC attorneys who have worked tirelessly on the case. He’s pointing out that after all the effort, time, and personal sacrifices they’ve made—spending ‘thousands’ of hours and being away from their families—the case has been resolved quickly, to what he calls – ‘wiped out in an instant’. However some X users commented that the real victims are the Ripple team and XRP holders, who suffered through years of stress and financial losses due to the lawsuit. Fred Rispoli has now provided an updated timeline for the SEC vs. Ripple case. He shared that the necessary paperwork has already been prepared following Alderoty’s announcement, and now they’re waiting for a vote by the SEC Commission, which should happen within 30 days.  After that, the SEC will file to lift the injunction, and Ripple will not oppose it. Once the judge signs off, the case will be fully resolved, likely within 60 days. Rispoli is emphasizing that the case will soon be officially and legally over, in a “spectacular” way. UPDATED SEC v. RIPPLE TIMELINEWith the announcement by @s_alderoty, you better believe the paperwork has been drawn up already.Now we wait on a vote by SEC Commission (less than 30 days).Then we wait on filing by SEC to lift injunction, which will be unopposed by @Ripple.… — Fred Rispoli (@freddyriz) March 25, 2025 “At most we are 60 days out from this being 100%, formally, legally, and spectacularly over,” he shared.  This resolution would be crucial for Ripple and XRP holders, who have faced uncertainty and volatility due to the ongoing lawsuit. The final decision could bring clarity to the legal status of XRP and set a precedent for how regulators will approach other cryptocurrencies moving forward. $XRP

SEC Drops $XRP Case – What’s Behind the Decision? Legal expert Fred Rispoli weighs in on the possible motives behind the SEC’s decision to drop its case against XRP. ⚖️ Analysts suggest this move could be a strategic step toward negotiating a settlement. ✅ Bill Morgan believes the decision brings much-needed clarity to XRP’s legal status, boosting investor confidence.

The long-standing litigation war between Ripple and the U.S. Securities and Exchange Commission (SEC) is yet to come to an end, with the regulatory agency recently dropping several high-profile crypto cases. The lengthy litigation has been subject to much speculation with some analysts pointing to the possible intention of Ripple to slow down settlement talks for a better deal. Lawyer James Murphy, who is also MetaLawMan on social media site X, has proposed that Ripple is in negotiations with the SEC to have major decisions in the case overturned. His thesis is based on Judge Analisa Torres’ ruling, which, although helpful in some ways, also convicted Ripple of breaking securities laws. The verdict was accompanied by some injunctions that may hamper Ripple’s future ability to make securities offerings or an IPO, as well as the increasing chances of an XRP ETF approval in 2025, as reported earlier. Murphy surmises that Ripple is using the ongoing process to negotiate for changes in the court’s conclusions prior to settling for a final settlement. “It’s highly possible that Ripple may be dragging out the lawsuit to try and buy more time to negotiate a better deal with the SEC,” he said. He feels the SEC would be amenable to a solution where both sides withdraw their appeals, and Ripple pays its $125 million fine. From his viewpoint, though, the party delaying is not the regulatory commission but Ripple. Conversely, attorney Fred Rispoli has a different opinion. He argues that the delay is on the part of the SEC and not Ripple. In earlier remarks, Rispoli intimated that the commission’s reluctance to seal the settlement could be due to internal issues regarding amending the financial penalty imposed on Ripple. Rispoli quoted SEC commissioners Mark Uyeda and Hester Peirce as not wanting to own the job of amending Ripple’s $125 million penalty. “My best guess is that, given the $125M judgment, that is real money that Uyeda and Pierce do not want to have responsibility for modifying,” he stated in an X post published on February 25. He went on to suggest that the delay might be the result of no desire to take an unpopular decision, which he characterized as an act of “cowardice.” Regardless of the disagreement on who is responsible for the delay, both legal analysts appear to concur on one point: the case is drawing to a close, as highlighted in our previous story. Murphy puts the possibility of the issue being resolved prior to April 16, the deadline for Ripple’s last appeal brief, while Rispoli anticipates a dismissal within the next few months.

$FRED News Alert For PI Network? Now don't miss out on MIRA Network! Download MIRA Network now and mine Lumira coins. maximum supply of just 250M. Use The invitation code: comcomabbi