TechFlow reported on February 21 that, according to Fox Business journalist Eleanor Terrett, the Ripple case involves more complex procedures compared to Coinbase. This is because Judge Torres has already issued a $125 million penalty order at the district court level and will retain jurisdiction over the case until August 7, 2025. Even if the SEC chooses to withdraw its appeal at the Second Circuit Court, it would still need to reach a new agreement with the district court regarding the penalty decision and obtain approval from Judge Torres. A legal expert told Terrett that the situation is currently in "uncharted territory," with significant uncertainty about future developments.
Add to Favorites
Share to Social Media
