The US Securities and Exchange Commission (SEC) held a closed-door meeting on Thursday, August 31, 2023. There are rumors that this confidential meeting may involve a settlement with Ripple. The "Sunshine Act Notice" issued by the US Securities and Exchange Commission afterwards provided limited details about the meeting and left room for market speculation.
It is said that the relevant discussion topics involve the formulation of ban actions and settlements, the institution and resolution of administrative litigation, the resolution of litigation claims, and other matters related to inspection and enforcement procedures.
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