Breaking: SEC To Lift Ripple Injunction
The landmark SEC vs Ripple lawsuit is now in its final stages, and the new pro-crypto SEC continues to sweeten the pot for XRP.
Last week, the Commission decided to drop its appeal of Judge Analisa Torres’s July 2023 ruling. It has now decided to pay back $75 million of the $125 million fine levied on Ripple, in exchange for the latter dropping its cross-appeal.
More importantly, the SEC will ask Judge Torres to lift the “obey the law” injunction on Ripple, which experts believe could pave the way for significant institutional investment.
