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Tension rises after a private meeting

Ripple (XRP) rechtszaak: Spanning neemt toe na besloten bijeenkomst

Rumors are swirling in the crypto community about a possible agreement between Ripple (XRP) and the Securities and Exchange Commission (SEC). The reason for this speculation is a closed meeting of the American regulatory authority.

Although the announcement of this private meeting does not explicitly refer to Ripple or XRP, the crypto community still believes that there is a good chance that this lawsuit will be discussed. The document mentions the issue of “ongoing disputes,” which is causing a lot of discussion among crypto fanatics.

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Is this SEC meeting about Ripple and XRP?

The remarkable thing about this meeting was the limited accessibility. In mid-November, the SEC announced that the meeting would not be public. The closed session was open only to commissioners, attorneys, the SEC Secretary and interested employees.

The American regulator did not provide any further details about the meeting in this announcement. The announcement simply said that the meeting focused on critical issues, including “resolving legal claims.” This suggests that the lawsuit with Ripple may also have been discussed. Only time will tell whether this is actually the case.

An SEC charge does not automatically mean a loss

Stuart Aldority, Ripple’s chief advisor, suggests that the SEC will lose the battle against Ripple. He argues that Ripple will prevail if the case goes to the US Supreme Court.

He bases this claim on the fact that the Supreme Court has repeatedly ruled against the SEC in recent years.

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In a recent interview, Ripple CEO Brad Garlinghouse stated that he wants to take the lawsuit to the next level. He indicated that he was ready to increase the pressure on the SEC.

Garlinghouse said he would even like to take the fight to U.S. regulators all the way up to the U.S. Supreme Court. He claims he wants to do this not just for himself but for the entire crypto industry.

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