The post Ripple vs. SEC: Here Are the Possible Dates for Settlement Talks appeared first on Coinpedia Fintech News
In December 2020, the Securities and Exchange Commission (SEC) shocked the crypto world by suing Ripple, a major crypto company, and its top executives. The case is about whether Ripple sold XRP tokens as unapproved securities, which could seriously harm both the company and the whole crypto industry.
Not long ago, Judge Analisa Torres made a ruling stating that the XRP token doesn’t qualify as a security when sold to the public. However, it can be considered a security for previous sales to institutional clients.
Crypto community online, especially XRP enthusiasts are currently trying to decode ‘what’s next for XRP?’ A prominent user @NerdNationUnbox took to Twitter and wrote, “August 24th – September 7th possible dates for settlement talks… 6-8 weeks from the day Judge Torres made her ruling.”
August 24th – September 7th possible dates for settlement
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