Source: The lawsuit between the US SEC and Ripple is coming to an end and may end soon

PANews March 13th news, Fox Business News reporter Eleanor Terrett posted on X platform that two reliable sources revealed that the lawsuit between the U.S. Securities and Exchange Commission and Ripple is coming to an end and may end soon. It is understood that the delay in reaching the agreement is that Ripple's legal team is fighting for more favorable clauses over the August federal court ruling. The ruling imposed a $125 million fine on Ripple and issued a permanent injunction that prohibits the company from selling XRP to institutional investors.

Sources said Ripple's argument is that if the new SEC leadership believes that a clear regulatory framework can solve the underlying problem and therefore "clear" enforcement records for all previously targeted crypto companies, why should Ripple still be punished? If Ripple accepts Judge Torres's ruling, it means it essentially admits misconduct — but now the SEC doesn't seem sure if there is any misconduct. Since there is no precedent for such cases, this may explain why this case has been resolved longer than others. Please continue to pay attention to subsequent progress.