According to a recent announcement, the Securities and Exchange Commission (SEC) of the United States is convening for a crucial, confidential meeting. Although the official agenda does not specify the Ripple case, this gathering has sparked intense speculation among investors and followers of XRP. With the Ripple vs. SEC saga ongoing, market observers are closely monitoring any potential developments that might emerge from this meeting.
Key Developments in the Ripple-SEC Case
Ripple’s legal challenges with the SEC have reached a critical phase. The first week of February 2024 is pivotal as it marks the deadline for completing discovery related to remedies in this case. Ripple will then have a month to articulate its objections to the SEC’s proposed remedies. The SEC will subsequently have the chance to reply to Ripple’s objections by late April. This timeline sets the stage for a potentially decisive turn in this protracted legal battle.
A significant fine imposed on Ripple in m
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