"SEC's Mysterious Ripple Lawsuit Removal: End of Crypto's Legal Saga?"
In a significant development, the SEC has reportedly removed references to the Ripple lawsuit from its website, sparking speculation about a potential resolution to the long-standing case. The removal comes as a surprise, as the lawsuit has been a major talking point in the crypto industry since it was first filed in 2020. While the SEC's website no longer lists the case, some legal experts have suggested that the lawsuit may still be active on other channels.
The Ripple vs. SEC case has been a focal point in the crypto landscape, with rumors of a settlement between the two parties fueling price bumps in Ripple's XRP token. Following President Trump's election win in 2016, XRP surged by over 400% as investors anticipated that the lawsuit would be dropped under the new administration. However, the SEC's recent appeal against Ripple suggested that the case might run longer.
Social media users have noticed the omission of the lawsuit from the SEC's website, with some speculating that the legal battle may have finally come to an end. Influencer John Squire claimed on X (formerly Twitter), "Is Ripple Free from the SEC? Searched for “Ripple” in the SEC’s litigation section and… No results! Did the legal battle just end? Is this the final chapter of XRP vs. SEC? If true, this could be a historic moment for XRP."
If the removal of the lawsuit from the SEC's website signals a resolution, it would be a significant milestone for the crypto industry, demonstrating a pro-industry shift in federal regulators since Trump took office. Ripple CEO Brad Garlinghouse has previously criticized former SEC Chair Gary Gensler for dragging out the case, and the recent developments may vindicate his stance.
However, it is essential to note that other lawsuits, such as those against Kraken and Coinbase, remain visible on the SEC's website. Legal analysts have expressed confusion about the implications of the current situation, with one attorney suggesting that the appeal is still open in the Court's nationwide PACER system. The case status is still shown as active, indicating that the situation may change soon.
Despite the recent developments, the price of XRP has not been significantly impacted. Industry experts believe that it is only a matter of time before the lawsuit is officially null and void, with the SEC and other US regulators expected to tone 
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