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Home ยป Why a quick settlement can be unlikely
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Why a quick settlement can be unlikely

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Is The Ripple Lawsuit Ending Sec To Hold First Closed Meeting With Acting Chair Mark Uyeda 1.webp.webp
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Does the Ripple trial end? Dry to hold the first closing meeting with acting president Mark Uyeda

While the US dry is preparing for its first meeting under Mark Uyeda theater chairThere are growing speculation in the cryptographic community on an imminent Ripple dry box Rules.

However, in a recent post X, the former securities lawyer Marc Fagel rejected rumors of settlement, warning that those who expect rapid resolution will probably be abandoned. In particular, according to the former SEC lawyer, the regulation of the case of the dry ripple is likely to occur after The appointment of Paul Atkin as president of the dry.

At one point perhaps (although more likely to occur after the appointment of Atkins as president). But not at this week’s meeting.

– Marc Fagel (@Marc_Fagel) January 21, 2025

Earlier, Fox Eleanor Terrett business journalist shared that the SEC would hold his first closing meeting since Markuyeda took office as an acting president on Thursday. To this, Marc Fagel replied that it is the same meeting that they hold almost every week. They will vote on the recommendations weeks ago. “Those who expect something monumental to happen is about to be disappointed,” he noted.

  • Read also:
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  • ,,

The first meeting of Mark Uyeda as president of the SEC will take place next week. The next SEC meeting will take care of discussions on three specific areas, in particular the cessation of illegal activities and the management of administrative actions alongside judicial decisions.

It is the same meeting that they hold almost every week. They will vote on the recommendations weeks ago. Those who expect something monumental to happen is about to be disappointed.

– Marc Fagel (@Marc_Fagel) January 21, 2025

Ripple’s legal advisor remains uncertain about the time when the dry trial is resolved. Despite the optimism of the supporters of XRP, the former lawyer for the dry Marc Fagel predict That a regulation could take up to 10 months, highlighting the unpredictable nature of legal proceedings and the challenges in taking a resolution.

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