Ripple and SEC Request Court Pause as Settlement Nears in XRP Case
- The U.S. Securities and Exchange Commission (SEC) and Ripple Labs Inc. are nearing a settlement.
- Both parties have jointly submitted a request to the court to pause proceedings.
- This development marks a significant turn in the ongoing XRP case.
- The outcome could have substantial implications for the cryptocurrency market.
Attorneys from both the SEC and Ripple Labs Inc. have filed a joint request to halt court proceedings, indicating that a settlement is close, which could significantly impact the crypto industry.
Source (2.6)https://news.bitcoin.com/ripple-and-sec-ask-court-to-halt-xrp-case-as-deal-nears-final-approval/?rand=52384