Ripple Vs SEC News: Settlement, Appeal, & Judge Torres’ Final Ruling Timeline
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Ripple Vs SEC News: Experts says settlement and appeals in XRP lawsuit are imminent, there are high odds of Judge Torres' final ruling in September.
Ripple Vs SEC News: Experts claim the long-running XRP lawsuit is to conclude really soon as Judge Torres’ final ruling could come this year, most probably in September.
The tussle between the U.S. SEC and Ripple Labs will continue, currently in remedies phase, until an imminent appeal and settlement.
The Securities and Exchange Commission (SEC) is to submit its final reply in the remedies phase today, May 6.
Ripple objected to the SEC’s nearly $2 billion in disgorgement, prejudgment interest, and civil penalty. Ripple argues the company is only liable to a penalty not exceeding $10 million.
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