SEC waves the white flag

This week, the U.S. Securities and Exchange Commission (SEC) dropped its charges against Ripple's executives Brad Garlinghouse and Chris Larsen. However, court documents confirmed that this dismissal does not signify the conclusion of the SEC's case against Ripple. 

Both parties are actively engaged in negotiations to address Ripple's alleged violations related to its Institutional Sales of XRP. They have established a deadline of Nov. 9 to establish a briefing schedule, or they may face court intervention.