In this video, we discuss the latest developments in the Ripple SEC case and the possibility of a settlement in the next six to eight weeks. The case has been referred to Judge Netburn for pretrial, and both Ripple and the SEC have been asked to schedule a settlement conference if they believe it would be productive. While there is no definite settlement yet, the recent ruling that XRP is not a security and Coinbase’s relisting of XRP have created pressure on the SEC. Settling with Ripple and Coinbase could be the SEC’s best move considering the potential risks of further legal proceedings. Stay tuned for updates on this important topic in the crypto space.
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https://www.coindesk.com/policy/2023/07/17/secs-gensler-disappointed-by-part-of-ripples-xrp-judgement-still-assessing-opinion/?utm_term=organic&utm_campaign=coindesk_main&utm_source=twitter&utm_content=editorial&utm_medium=social
https://cointelegraph.com/news/time-for-the-sec-to-settle-with-coinbase-ripple
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*The above video references an opinion and is for news/information and entertainment purposes only. It is not intended to be investment advice, financial advice, or any solicitation, recommendation, endorsement, or offer that you buy or sell any cryptocurrency or securities. Trading in cryptocurrencies and securities is a high risk activity involving risk of loss so please seek a duly licensed professional for investment or financial advice. The information provided on this video should not be used to make any investment or financial decisions without consulting your financial or investment advisor. This video contains my opinion only and is not intended to cause harm or defame anyone or any entity.
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