{"id":84424,"date":"2024-07-20T06:48:24","date_gmt":"2024-07-20T10:48:24","guid":{"rendered":"https:\/\/coinscreed.com\/staging\/?p=84424"},"modified":"2024-07-20T06:48:58","modified_gmt":"2024-07-20T10:48:58","slug":"ripple-xrp-lawyer-dismisses-sec-meeting-settlement-link","status":"publish","type":"post","link":"https:\/\/coinscreed.com\/staging\/ripple-xrp-lawyer-dismisses-sec-meeting-settlement-link\/","title":{"rendered":"Ripple XRP Lawyer Dismisses SEC Meeting, Settlement Link"},"content":{"rendered":"\n

Lawyer Bill Morgan denies XRP lawsuit settlement<\/a> predictions, stating that the upcoming SEC meeting will focus on administrative proceedings.<\/p>\n\n\n\n

\"Ripple<\/figure>\n\n\n\n

Ripple XRP Case Update: The ongoing Ripple case has been the subject of speculation as a result of the U.S. Securities and Exchange Commission (SEC) rescheduling a confidential meeting.<\/p>\n\n\n\n

Although some members of the crypto community perceived this as a potential indicator of progress in the ongoing legal dispute, Bill Morgan, a prominent XRP lawyer, has promptly refuted such assumptions.<\/p>\n\n\n\n

XRP Lawyer Dispels Speculation Over Upcoming SEC Meeting<\/h2>\n\n\n\n

The U.S. Securities and Exchange Commission\r\n \r\n \r\n \r\n <\/g>\r\n \r\n \r\n \r\n <\/clipPath>\r\n <\/defs><\/svg><\/span><\/a> (SEC) has scheduled a closed meeting for Thursday, July 25, 2015, as opposed to July 18.<\/p>\n\n\n\n

Within the cryptocurrency community, this announcement has prompted speculation, particularly among those who are monitoring the ongoing case.<\/p>\n\n\n\n

The SEC's publication highlighted three primary topics for the closed meeting: the institution and settlement of administrative proceedings, the resolution of litigation claims, and other matters related to examinations and enforcement proceedings.<\/p>\n\n\n\n

Some individuals have questioned the significance of the first item in the announcement, which pertains to the “settlement of administrative proceedings.”<\/p>\n\n\n\n

Bill Morgan, a lawyer, addressed the speculation surrounding this meeting regarding the new Ripple XRP case update.<\/p>\n\n\n\n

Despite rising conjecture that this could signal the conclusion of the long-standing case, Morgan firmly stated that the meeting \u201cDoesn\u2019t apply to Ripple v SEC.\u201d<\/p>\n\n\n\n

In the Ripple case, which has been ongoing since December 2020, the crypto community has been intently monitoring any developments.<\/p>\n\n\n\n

However, Morgan's statement seems to negate the prospects of a resolution to the high-profile legal dispute at this specific SEC meeting.<\/p>\n\n\n\n

This case is not the first to dismiss speculation regarding the settlement of the Ripple lawsuit<\/a>.<\/p>\n\n\n\n

Marc Fagel, a former counsel for the Securities and Exchange Commission, has previously addressed such rumors.<\/p>\n\n\n\n

He has maintained his position that neither party is presently in the process of negotiating a settlement.<\/p>\n\n\n\n

Conversely, both parties are expecting the district court's ruling in the remedies phase of the pending case.<\/p>\n\n\n\n

The cryptocurrency market remains vigilant for any potential effects on XRP and the broader digital asset landscape as the rescheduled meeting approaches.<\/p>\n\n\n\n

While the case continues to unfold, the SEC's actions remain under scrutiny, despite the dismissal of a critical legal figure in the XRP community.<\/p>\n\n\n\n

Ripple XRP Case Nears Resolution<\/h2>\n\n\n\n

Brad Garlinghouse, the CEO of Ripple, has expressed optimism regarding a resolution to the protracted SEC case.<\/p>\n\n\n\n

The SEC's assertion that XRP<\/a> is a security, which opposes them and a significant portion of the crypto community, is the focal point of the legal dispute, which commenced in December 2020.<\/p>\n\n\n\n

Garlinghouse observed that, while a judge's ruling last year provided clarity on certain aspects, the final remaining issue is the sale of investment contracts to institutions.<\/p>\n\n\n\n

In 2023, they achieved a partial victory, which is expected to have significant repercussions on the way in which regulators view crypto assets.<\/p>\n","protected":false},"excerpt":{"rendered":"

Lawyer Bill Morgan denies XRP lawsuit settlement predictions, stating that the upcoming SEC meeting will focus on administrative proceedings. Ripple XRP Case Update: The ongoing Ripple case has been the subject of speculation as a result of the U.S. Securities and Exchange Commission (SEC) rescheduling a confidential meeting. Although some members of the crypto community […]<\/p>\n","protected":false},"author":56,"featured_media":84426,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21],"tags":[18040,146,4680],"class_list":["post-84424","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-ripple-vs-sec-news","tag-xrp","tag-xrp-lawsuit"],"jetpack_featured_media_url":"https:\/\/coinscreed.com\/staging\/wp-content\/uploads\/2024\/07\/Ripple-XRP-Lawyer-Dismisses-SEC-Meeting-Settlement-Link.jpg","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/posts\/84424","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/users\/56"}],"replies":[{"embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/comments?post=84424"}],"version-history":[{"count":0,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/posts\/84424\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/media\/84426"}],"wp:attachment":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/media?parent=84424"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/categories?post=84424"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/tags?post=84424"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}