The legal dispute between Ripple Labs Inc. and the US Securities and Exchange Commission (SEC) may reach a pivotal moment this week as both parties are set to convene in a closed-door meeting on Thursday, July 18, 2024.
Speculation has surged following a tweet by Brett Hill, an ambassador for the Bitrue crypto exchange, hinting at significant developments in the Ripple vs. SEC case.
While the SEC’s official announcement about the meeting did not explicitly mention Ripple, the agenda items, which include discussions on injunctive actions, administrative proceedings, and litigation resolutions, strongly suggest implications for ongoing enforcement actions, possibly involving Ripple.
Scheduled to take place at the SEC headquarters in Washington, DC, with provisions for remote participation, the meeting’s non-public status underscores its sensitive nature, shielded by legal exemptions covering privacy, law enforcement proceedings, and financial information.
The SEC has committed to providing updates on any changes to the meeting’s agenda or outcomes via its official channels, reflecting the fluid and consequential nature of regulatory deliberations.
BNB Chain is set to upgrade the BNB Smart Chain (BSC) by cutting the block time in half, from 1.5 seconds down to 0.75 seconds.
Cryptocurrency analytics firm MakroVision has shared its technical assessment of Chainlink (LINK) price action.
The U.S. Department of Justice has sentenced Dwayne Golden, 57, of Pennsylvania to 97 months in prison for orchestrating a fraudulent crypto investment scheme that stole over $40 million from investors.
Snorter Token ($SNORT) is a new meme coin and utility token designed to enhance crypto trading with its Telegram-native trading bot, Snorter Bot. This bot is equipped with sniping capabilities, copy trading, and swap functionalities, offering traders the ability to profit from the volatile crypto markets. As the presale has garnered significant attention, raising over […]