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Pundit Expects Ripple Case to Be Paused for This Fresh Reason
In a recent statement, a prominent analyst has shed light on the possibility of the SEC-Ripple case being paused. The expert believes that there is a high likelihood of the Securities and Exchange Commission (SEC) halting the ongoing legal battle against Ripple due to a fresh development.
According to the pundit, the SEC’s recent decision to delay the deadline for Grayscale XRP Trust Spot ETF has raised doubts about their commitment to pursuing the case against Ripple. The analyst is convinced that this unexpected move by the regulatory body could be an indication that they are reevaluating their stance on XRP and may be willing to work out a compromise with the company.
The SEC’s decision to delay the deadline for the Grayscale XRP Trust Spot ETF has sparked widespread speculation about its implications for Ripple. While some believe this is just a minor administrative adjustment, others see it as a clear indication that the commission is backing down on their legal battle against the fintech giant.
Notably, the pundit believes that any pause or compromise would be seen as a major victory for Ripple, given the company’s unwavering commitment to defending its XRP token. With this new development, investors are left wondering what the future holds and whether there may be a potential breakthrough in the stalemate between the SEC and Ripple.
As the situation unfolds, Ripple enthusiasts remain hopeful that this unexpected twist will pave the way for a resolution that benefits all parties involved.
Source: timestabloid.com
