[코인리더스] Joint letter to the US SEC-Ripple (XRP) court… “There is currently no possibility of agreement”

The legal dispute between the Securities and Exchange Commission of the United States (SEC) and Ripple (company) was found to have no possibility of a’current’ agreement.

According to YouTube on the 16th (local time), Ripple and the SEC told Analisa Torres, a federal judge in the Southern District Court of New York, that “the lawyers met to discuss a solution, but at the moment, they decided that there was no possibility of agreement.” I submitted a letter.

The letter said, “The agreement discussions have mainly been made with the heads of departments who have already left the SEC.”

At the end of December last year, the SEC prosecuted Ripple on charges of selling undocumented securities in Ripple (XRP, market cap), and in early January, CEO Brad Gallinghouse Ripple said that the attempt to settle with the SEC was defeated.

The lawsuit is expected to close before August 16, when all discovery (a system that allows both parties to investigate evidence against each other before starting a lawsuit) must be completed. Also, a pretrial conference is scheduled for February 22nd.

Meanwhile, Brian Brooks, former acting director of the US Currency Supervisory Service (OCC), recently appeared on CoinDesk TV and said, “The lawsuit for the sale of unregistered securities filed by the US Securities and Exchange Commission against Ripple could eventually legally resume XRP transactions in the US. We will reach some kind of consensus.”

“This lawsuit is about the SEC’s problem with the distribution process of XRP tokens 10 years ago,” he said. “It is the court that decides whether XRP is ultimately a security. The SEC itself will also have time when assets achieve utility and achieve decentralization. “We have admitted that the nature of the assets may change over the years. When the two institutions reach an agreement, XRP transactions can resume in the United States.”