Ripple News: SEC Appeal Before October 16 Is in Doubt

As October 16 approaches, speculation is growing that the SEC may withdraw its appeal against Ripple. This comes after a court ruling that the SEC failed to prove that Ripple violated securities laws.

‱ Settlement Conference: The case will be referred to the CAMP program to schedule a settlement meeting with all attorneys.

‱ Expert Opinion: Former SEC attorney Mark Fagel believes that the SEC’s withdrawal is unlikely, asserting that its appeal is legally justified.

The deadline coincides with the conclusion of the Ripple Swell conference, which increases the anticipation of the XRP community for any unexpected developments.