🚨SCOOP: Two well-placed sources tell me that the @SECGov vs. @Ripple case is in the process of wrapping up and could be over soon.
My understanding is that the delay in reaching an agreement is due to Ripple's legal team negotiating more favorable terms regarding the August district court ruling, which imposed a $125M fine on the company and included a permanent injunction preventing the company from selling $XRP to institutional investors.
The argument, I’m told, is that if the new SEC leadership is wiping the enforcement slate clean for all previously-targeted crypto firms because it believes regulatory clarity will resolve the underlying issue, why should Ripple still be penalized? Accepting the Torres ruling as it stands would mean that Ripple is essentially agreeing to admit to wrongdoing — but now the SEC itself is seemingly unsure whether any wrongdoing occurred.
There’s no real playbook for this kind of thing which could explain why this case is taking longer to resolve than the rest. Stay tuned.
Trump Says Crypto Reserve Will Hold XRP, Solana and Cardano—But Doesn't Mention Bitcoin.
President Trump said Sunday that the U.S. will create a strategic crypto reserve that includes Cardano, Solana, and XRP. Where's Bitcoin?
https://t.co/cLAnreHsvI
BREAKING NEWS: 🇺🇸 PRESIDENT TRUMP: I WILL CREATE A U.S. CRYPTO RESERVE OF $XRP, $SOL, AND $ADA!
“A U.S. Crypto Reserve will elevate this critical industry after years of corrupt attacks by the Biden Administration, which is why my Executive Order on Digital Assets directed the Presidential Working Group to move forward on a Crypto Strategic Reserve that includes XRP, SOL, and ADA.
I will make sure the U.S. is the Crypto Capital of the World. We are MAKING AMERICA GREAT AGAIN!”
Comment Below & Follow For More!!👇👇
#USReserve #Ripple #Solana #Cardano
Grayscale and Artemis Classify XRP as a Store of Value.
Grayscale Brands XRP a Store of Value.💰
Artemis Confirms XRP’s Position as Store of Value.💰
#XRP#Grayscale#Artemis 💰💰💰💰💰💰
https://t.co/Ja2wFTUtp9
🚨 BREAKING: TRUMP PLEDGES TO MAKE "CRYPTO TAX FREE" !! 🚨 U.S. PRESIDENT CREATES CRYPTO TEAM, #BITCOIN RESERVE IN THE USA & $XRP BREAKOUT! https://t.co/MbVIgxoxA3