A legal dust storm, whipped high by rumor and wishful thinking, still hangs over Ripple’s long fight with the SEC—a battle so stubborn it feels like it’ll outlast the cockroaches. Now, word on the blockchain grapevine is that Thursday’s the day the curtain falls. But is it? Or is Wall Street Twitter just getting antsy again?
The Tweet That Just Won’t Die 🐍
There’s a tweet by Eleanor Terrett—though by now it might as well be cave paintings—claiming the SEC would hash out Ripple’s fate in a secret meeting on a Thursday. The tweet, resurrected more often than a Vegas Elvis impersonator, is from March. Back in the Paleolithic age, or at least several memes ago.
What’s Really Cooking? Pass the Legal Chili
So here’s the stew: Ripple struck a partial bargain with the SEC, shelling out a civil penalty for XRP sales to the suits in boardrooms, while the judge declared XRP wasn’t a security out on the wild crypto prairie. The paperwork, the signatures (with pens they probably forgot to refill), and the official SEC “okay, we’re done here” are still in limbo—hanging like laundry on a windless day.
Stuart Alderoty, Ripple’s legal top dog, says the showdown is, for all practical purposes, over—save for a few stubborn filings. But the SEC’s big rubber stamp is still nowhere in sight. Maybe they ran out of ink.
Why XRP Followers Have Whiplash 🚀🐢
Pundits say that as soon as this legal saga finishes molting, XRP could see new freedom: more banks jumping in, prices leaping like salmon, and the whispers of an ETF growing louder than your uncle at Thanksgiving. But until the SEC marks the paperwork “done,” don’t start popping champagne.
Final Sounding: Not Yet, Folks!
So will the Ripple vs SEC melodrama really end this Thursday? Unless time machines are involved, nope. The “news” is running on caffeine, hope, and one old tweet. For now, it’s just another Thursday—only exciting if you really like waiting.
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2025-05-04 11:39