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In a recent podcast interview titled “Thinking Crypto,” Murphy discussed potential shifts in the Ripple vs. SEC case, anticipating a possible resolution spurred by changes in the US Presidency and potential alterations in the SEC’s administrative panel.

 

 

 

Highlighting the significance of this ongoing legal battle, the SEC’s pursuit against Ripple has garnered widespread attention since its initiation in 2020. Despite speculations of a settlement, a recent development has introduced a new hurdle for Ripple. A Thursday filing disclosed the SEC’s request for Ripple’s financial statements from 2022 to 2023, indicating an ongoing investigation.

 

 

 

The SEC asserts that Ripple has not yet provided post-complaint discovery-related information, emphasizing the challenges in reaching mutual cooperation and understanding. This development suggests a potential “impasse” in the negotiations between the SEC and Ripple.

 

 

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