A company that is changing the way the world mines bitcoin

coinpedia 2025-02-25 08:40:27

Post-Gensler SEC Drops Robinhood and Coinbase Cases, But Ripple Lawsuit Could Be Settled Last

The post Post-Gensler SEC Drops Robinhood and Coinbase Cases, But Ripple Lawsuit Could Be Settled Last appeared first on Coinpedia Fintech News In a surprising move, Robinhood announced that the Securities and Exchange Commission (SEC) has decided to drop its investigation into the trading app’s crypto division. This comes after a series of similar decisions made by the SEC regarding other high-profile crypto companies. SEC’s Changing Stance on Crypto Cases The decision follows weeks of significant changes in the SEC’s actions toward the cryptocurrency industry. Recently, the SEC dropped its case against Coinbase. The SEC even paused its case against Binance, another giant in the crypto space. These developments mark a stark contrast to earlier, more aggressive stances taken by SEC Chairman Gary Gensler, who previously targeted many crypto firms. Could Other Crypto Cases Be Dropped Soon? Following the drop of the Robinhood case, speculation is rising that the SEC may also dismiss cases against other companies, including Kraken, Uniswap, and Gemini. These companies have faced Wells notices, signaling possible legal actions, but industry experts now believe these cases may be dropped soon. https://twitter.com/MetaLawMan/status/1894039458158108798 Reacting to the news, Metalawman commented that the SEC’s decision to close its investigation into Robinhood after issuing a Wells Notice hints at a possible recognition by the SEC that most crypto tokens are not securities. This shift in perspective could lead to the dismissal of cases against several other major crypto players, including Gemini, Kraken, Binance, and Ripple. Ripple’s Case Remains Ongoing While many are hopeful for more positive news, the ongoing case involving Ripple remains a focal point. Metalawman pointed out that Ripple is the only active crypto case with a final judgment in place. This means that the SEC and Ripple’s legal teams must negotiate a resolution regarding the judgment and the funds placed in escrow for it. These negotiations are expected to take time due to the complexity of the situation, placing Ripple’s case last on the list of potential dismissals.

Наиболее читаемые новости

Peter Schiff Predicts Bankruptcy for Bitcoin...
2025-02-25
Best Meme Coin with x1000 ROI Potential – Don...
2025-02-25
Here’s why Bitcoin, Jasmy, Pepe, Dogecoin, an...
2025-02-25
Metaplanet’s 135 BTC Boost Propels AurealOne...
2025-02-25
Shiba Inu (SHIB): Almost 60% Are In Losses Am...
2025-02-25
Metaplanet Expands Bitcoin Treasury to 2,235...
2025-02-25
Dogecoin ETF Faces Regulatory Hurdles—Investo...
2025-02-25
Shiba Inu Sees 531% Surge in Burn Rate Amid B...
2025-02-25

Связанные новости

Прочтите Отказ от ответственности : Весь контент, представленный на нашем сайте, гиперссылки, связанные приложения, форумы, блоги, учетные записи социальных сетей и другие платформы («Сайт») предназначен только для вашей общей информации, приобретенной у сторонних источников. Мы не предоставляем никаких гарантий в отношении нашего контента, включая, но не ограничиваясь, точность и обновление. Никакая часть содержания, которое мы предоставляем, представляет собой финансовый совет, юридическую консультацию или любую другую форму совета, предназначенную для вашей конкретной опоры для любых целей. Любое использование или доверие к нашему контенту осуществляется исключительно на свой страх и риск. Вы должны провести собственное исследование, просмотреть, проанализировать и проверить наш контент, прежде чем полагаться на них. Торговля - очень рискованная деятельность, которая может привести к серьезным потерям, поэтому проконсультируйтесь с вашим финансовым консультантом, прежде чем принимать какие-либо решения. Никакое содержание на нашем Сайте не предназначено для запроса или предложения