● The US SEC has held a closed-door meeting this Thursday, and it is rumored that it may seek settlement with Ripple
According to TheCryptoAlert, the U.S. Securities and Exchange Commission (SEC) has held a closed-door meeting on Thursday, August 31, 2023. There are rumors that this confidential meeting may involve a settlement with Ripple. The SEC's subsequent "Sunshine Act Notice" (The Sunshine Act Notice) provided limited details about the meeting and also left room for market speculation. Institutionalization and settlement of administrative proceedings, settlement of litigation claims, and other matters related to inspection and enforcement proceedings.
It’s important to note that, as of now, the SEC and Ripple Labs have not provided official confirmation of Ripple’s settlement or any specific details about the discussions.
According to TheCryptoAlert, the U.S. Securities and Exchange Commission (SEC) has held a closed-door meeting on Thursday, August 31, 2023. There are rumors that this confidential meeting may involve a settlement with Ripple. The SEC's subsequent "Sunshine Act Notice" (The Sunshine Act Notice) provided limited details about the meeting and also left room for market speculation. Institutionalization and settlement of administrative proceedings, settlement of litigation claims, and other matters related to inspection and enforcement proceedings.
It’s important to note that, as of now, the SEC and Ripple Labs have not provided official confirmation of Ripple’s settlement or any specific details about the discussions.