Former SEC Attorney States XRP Lawsuit is Ongoing

Former SEC Attorney States XRP Lawsuit is Ongoing
Text Size: 100%

There’s a lot of excitement in the crypto world about **XRP**. Many believe the U.S. Securities and Exchange Commission (SEC) may soon approve multiple **XRP** spot ETF applications. Big players like Bitwise, Grayscale, Franklin Templeton, and 21Shares have all applied, with important decision dates approaching.

The first key date is June 17, 2025, when the SEC is set to decide on Franklin Templeton’s spot **XRP** ETF application. Grayscale had a deadline on May 21, 2025, and Bitwise is waiting for a decision on May 25, 2025. The crypto community is eagerly watching as approval could greatly impact **XRP**’s value and popularity.

Rumors suggest that the SEC and Ripple have settled their legal dispute, awaiting court approval. However, former SEC attorney Marc Fagel clarified that the judge rejected the request from both parties.

Advertisement

Fagel explained that although there may be an agreement between the parties, it is not yet official. The court requires further explanation before changing its initial decision. In summary, both the **XRP** ETF decisions and the Ripple lawsuit remain unresolved. Crypto enthusiasts will have to wait for updates in the coming weeks.

Also read:  CM Revanth Reddy Finalises 650 Acres for Hyderabad Bullet Train Hub Near Shamshabad Airport

Note: Investments carry market risks. Please invest carefully. We do not accept responsibility for any financial losses.

Advertisement
Disclaimer: For article corrections, please email newsdesk@telanganatribune.com or fill out the Grievance Resolution form
Who will be the next CM of Telangana?
KCR / KTR / Harish Rao
Revanth Reddy
Others
Download our App:
About the Author
Rajesh M
Rajesh M

Latest News from Hyderabad, Telangana, India & World!

Leave a Reply

Your email address will not be published. Required fields are marked *