{"id":153921,"date":"2025-03-27T12:43:07","date_gmt":"2025-03-27T10:43:07","guid":{"rendered":"https:\/\/cryptodnes.bg\/en\/?p=153921"},"modified":"2025-03-27T12:43:07","modified_gmt":"2025-03-27T10:43:07","slug":"ripples-institutional-sales-hang-in-the-balance-as-xrp-lawsuit-nears-conclusion","status":"publish","type":"post","link":"https:\/\/cryptodnes.bg\/en\/ripples-institutional-sales-hang-in-the-balance-as-xrp-lawsuit-nears-conclusion\/","title":{"rendered":"Ripple\u2019s Institutional Sales Hang in the Balance as XRP Lawsuit Nears Conclusion"},"content":{"rendered":"

Ripple has recently withdrawn its cross-appeal in the legal battle with the SEC, leaving the status of the injunction that has halted its sales up in the air. While some believe Ripple might resume selling to institutional investors if the injunction is lifted, legal experts are debating the compliance conditions that would follow.<\/p>\n

XRP<\/a><\/strong> attorney Bill Morgan recently addressed<\/a><\/strong> the issue, noting that even if the injunction were removed, Ripple would still need to adjust its approach to institutional sales. This change is necessary due to a previous ruling from Judge Analisa Torres, who had determined that Ripple\u2019s original method of selling XRP to institutions constituted an investment contract.<\/p>\n

The uncertainty surrounding Ripple\u2019s future in this area has sparked considerable discussion, especially following Ripple CEO Brad Garlinghouse\u2019s confirmation that the company had abandoned its cross-appeal against the SEC.<\/p>\n