Investment expert Linda P. Jones has provided insight into the ongoing legal battle between Ripple and the SEC. Talks of a potential settlement have emerged after the SEC dropped charges against Ripple executives Brad Garlinghouse and Chris Larsen. Jones believes that Ripple has the upper hand in negotiations with the SEC, stating that they can “literally name their terms” due to the exposure of the Hinman emails. These emails, linked to former SEC director William Hinman, revealed his statement that Bitcoin and Ethereum were not considered securities. Jones argues that this weakens the SEC’s bargaining power. Pro-XRP lawyer Jeremy Hogan also weighed in, claiming that the Ripple vs. SEC case is essentially over. While important hearings and a potential appeal are still to come, Hogan believes the SEC has a low chance of winning on appeal, comparing it to the New York Jets winning the Super Bowl. Overall, the developments in the Ripple vs. SEC case have sparked discussions within the crypto community.
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Information |
Details |
Geography |
North America |
Countries |
🇺🇸 |
Sentiment |
neutral |
Relevance Score |
1 |
People |
Fred Rispoli, Chris Larsen, William Hinman, Brad Garlinghouse, Linda P. Jones |
Companies |
XRP token, Hinman emails, Ripple, New York Jets, United States Securities and Exchange Commission (SEC) |
Currencies |
XRP |
Securities |
None |