The SEC’s removal of the Ripple lawsuit from its website suggests possible case dismissal. Despite this, legal experts assert the case is still active in the PACER system, indicating no formal resolution has been reached.
Ripple CEO Brad Garlinghouse expressed frustration over the protracted legal battle, which has lasted four years. His comments reflect broader concerns about the SEC’s regulatory approach toward cryptocurrencies.
The removal of the case from the SEC’s site has sparked rumors of a regulatory shift favoring the cryptocurrency industry. Observers note that while other crypto lawsuits remain, this situation with Ripple could signify a change in the enforcement trend.