Ripple vs. SEC: Is the End Near?

- Ripple’s nearly four-year-old lawsuit against the U.S. Securities and Exchange Commission (SEC) has been one of the hottest topics in the crypto space. The SEC accused Ripple of raising more than $1.3 billion through unregistered sales of XRP tokens.

- Last month, Judge Torres ruled that the sale of XRP on the secondary market was not a securities transaction, but Ripple had to pay a $125 million fine. This is a 94% reduction from the SEC’s original request.

- Ripple has requested a delay in the payment, fueling speculation that the SEC will appeal before the October 6 deadline. 🌐

- Experts say the move could be a strategy for the SEC to buy more time for further legal action. ⏳