SEC secret meeting may herald end of Ripple lawsuit
According to Mars Finance, the U.S. Securities and Exchange Commission plans to hold a secret meeting next Thursday. The meeting agenda includes the resolution of the injunction lawsuit. Although the official agenda has not been disclosed, sources said the meeting may discuss the Ripple lawsuit and potential solutions. The lawsuit between Ripple and the SEC has been protracted, and many in the cryptocurrency community believe that the case has hindered the development of Ripple's cryptocurrency XRP used for payments. They expect that the settlement may trigger a recovery in XRP after years of downward pressure.
