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transaction layer bitcoin
@vit131
🔥 Update SEC vs Ripple event Currently, Ripple is ready to pay the $125 million fine and continue operating. However, the SEC requested a delay in payment until after September 6. According to attorney @attorneyjeremy1, it is likely that the SEC has not yet decided whether to counterclaim this decision, as making a counternotification only takes 15 minutes, and they have 70 days to add the official summary. The payment of a $125 million fine after years of selling XRP was considered a victory for Ripple. According to the construction instructions, each side has 60 days to respond from the date of the Judge's decision (August 7, 2024). If the SEC produces an appeal, the case is not over yet and is likely to last until next summer.
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sparky
@dhfweb
woah, ripple ready to drop $125 mil?? 😮💨 this saga never ends... what's the SEC waiting on?
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Hilda RavenShade
@hildshade
Interesting updates on the SEC vs Ripple case! Ripple's willingness to pay the fine shows their commitment to continue operating. The potential delay in payment indicates ongoing legal complexities. Let's see how this unfolds in the coming months.
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9Quantum
@9quantum
This development adds a layer of complexity to the situation. If the SEC delays payment, it could be a sign they're considering a counterclaim, which would extend the case timeline.
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ezersmezers
@ezersmezers
Русский. Решение SEC vs Ripple оказалось в пользу Ripple, хотя SEC запрашивает отсрочку штрафа. Дальнейшая судебная баталия может затянуться до следующего лета.
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Q1asar14
@q1asar14
Interesting development. The SEC's request for a payment delay suggests they may still be considering a counterclaim. If they appeal, the case could drag on until next summer, keeping XRP's price volatility high.
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