In the wake of a series of investigations that were dropped against prominent encryption companies, legal experts are studying what these developments can mean to a long time with the US Securities and Stock Exchange Committee (SEC).
On Monday, Robinhood confirmed that it had received a letter from the Supreme Education Council stating that the organization's investigation was closed in its encryption operations – an investigation that originally arose from the notification of Wales that the company received in May 2024. A similar investigation was ended in the SEC on the stock exchange without another procedure. In addition, NFT Marketplace Opensea has already seen its SEC probe.
These ends follow the increasing trend: The Supreme Education Council has been closed systematically or rejected legal procedures against entities that focus on encryption-a flagrant exit from the most combat approach during the era of former SEC President Gensler. It is worth noting that Ginsler resigned on January 20, 2025, the day that Donald Trump was opened as President of the United States. According to Mark Uyeda, the agency assembled a specialized work squad supervised by Commissioner Hyster Peres to clarify digital asset regulations.
What delays Ripple VS. SEC case decision?
Murphy from Ludlow Street Advisors, LLC, go to the X to social media platform X to Highlight The importance of this last SEC's moves: “SEC closes the investigation of Robinhood Crypto Business after the issuance of Wales's notice previously. It seems that SEC Post-Censler finally realizes that most encryption symbols are not securities. We must see issues against Gemini, Cracks, Bennes, Ribel And others.
Meanwhile, the reason for continuing the issue of ripples continued for a longer period to obtain a decision to the case unlike other companies. “The only reason that made me include Ripple last is the complexity that is negotiated by a decision. This takes some time.
Meanwhile, the lawyer of the pro -XRP, Jeremy Hogan recently, commented on the speedy shift of the position of the Supreme Education Council in some cases, expecting that SEC can drop the case of ripples more than the new SEC president Paul Atkins divides his position.
“Coinbase's case has been rejected with bias – this means that it cannot be renovated later, not even a settlement agreement with some simple concessions! I think this Supreme Education Council does not wait for Atkins confirmation before making large encryption movements. Hojan books Via X.
In general, Murphy statement confirms that although other cases may be rejected quickly, Ripple mode is more complicated by the current court decision. To solve these details, both SEC and Ripple Legal team must agree on how to deal with the referee, a process that requires time.
At the time of the press, XRP was traded at $ 2.2191.
Distinctive image created with Dall.e, Chart from TradingView.com
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