**Here’s Why the SEC Hasn’t Officially Dismissed the Ripple Case Yet 🚨**
Eleanor Terrett, host of the *Crypto America* podcast, recently shed light on why the SEC has yet to issue an official statement dismissing the Ripple appeal. Despite Ripple confirming the SEC has dropped its appeal, the commission has remained silent publicly.
Terrett explained that while the SEC has agreed to dismiss the appeal internally, it must first approve the decision in a closed-door meeting before making any public announcement. These meetings typically happen on Thursdays, but none were scheduled this week. The next meeting is set for **Thursday, March 27, 2025**, where the SEC is expected to address the Ripple appeal and issue an official statement.
**What’s Next for Ripple?**
While the SEC’s appeal dismissal is a win for Ripple, the case isn’t over yet. Ripple still has its cross-appeal against the SEC, challenging a court ruling on past XRP sales to institutional clients. Judge Analisa Torres previously ordered a **$125 million fine** and a permanent injunction against Ripple for violating federal securities law.
Ripple CEO Brad Garlinghouse hinted that the company is negotiating with the SEC to potentially drop the fine and injunction. If successful, Ripple may dismiss its cross-appeal, bringing an end to this **4-year-long legal battle**.
Stay tuned for updates as the SEC’s next meeting could bring clarity to this ongoing saga.
**Disclaimer:** This post is for informational purposes only and not financial advice. Always do your own research before making any investment decisions.
#RippleSECSettlement #XRP #SECvsRipple #CryptoNews #CryptoUpdate
Buy from here 👇 XRP win win Situation 🎖️
