Change of direction in the legal dispute: Ripple and SEC submit a joint application to terminate the dispute

Change of direction in the legal dispute: Ripple and SEC submit a joint application to terminate the dispute
Legal dispute between Ripple and the Sec: Latest developments
The legal examination between Ripple and the U.S. Securities and Exchange Commission (SEC) could approach the end. In a current step, both parties submitted an application together that could possibly contribute to the end of the legal dispute.
The SEC had sued Ripple in 2020 because it believed that Ripple violated the USRP's cryptocurrency against the USA laws of the United States. Since then, the process has been running over several years and has had a significant impact on the cryptocurrency market.
The new developments and the joint application could now have signal effects for regulating cryptocurrencies in the United States. It remains to be seen how the situation develops and whether an agreement can actually be reached.
This current information is important for investors who are interested in the development of ripple and the legal situation in the cryptocurrency sector. The further steps of the responsible authorities and the reaction of the market are followed with great attention.