The sources of the dry refer to colonization and a reduced fine

Andrew, who often discusses crypto, finance and business in a last post X shared that two dry sources suggest that the Ripple case could approach its conclusion, with some key expectations.

XRP to be considered a merchandise?

He noted that XRP is likely to be considered more seriously as a commodity, which would move its legal status and market treatment. In addition, fine ripples could be considerably reduced, offering a much lighter penalty than initially expected. The new dry leadership understands the importance of this case and that their decision will shape the future Cryptocurrency regulations.

In addition, the outcome of this case could have lasting implications for the whole cryptography marketpotentially reshape the way digital assets are regulated in the United States

Interestingly, lawyer Fred Rispoli reacted to the post saying that even if he does not believe Andrew’s sources when they have negative things to say about XRP, but he believes them when they are positive. “”It is not hypocrisy. It is a frantic hope,He quoted.

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Injunction: the major obstacle

In addition, the crypto-lawyer Bill Morgan reacted to Andrew and pointed out that, although the first and third points have a meaning, the injunction is always a problem. While the decision of Judge Torres suggests that XRP could be considered as a commodity, however, the permanent injunction limits the capacity of Ripple to sell XRP to American institutions, which creates an uncertainty around this aspect.

Previously, the journalist of Fox Business Eleanor Terrett had also suggested that the The Ripple trial could end soon. This occurs when the SEC strives to freeze or put an end to legal actions against other cryptographic companies such as Coinbase, Binance, United and Consensys.

Several crypto experts had reacted to the report. Crypto expert Yassin Mobarak, founder of Dizer Capital, said Ripple probably did not consider the fine of $ 125 million as a problem because they could easily pay it. He stressed that the injunction is an important problem, preventing a resolution of the trial. He thinks that Ripple is negotiating for the injunction to raise, which currently prevents him from selling XRP to institutions.

Faq