The U.S. SEC will hold a closed-door meeting on November 30 to discuss important issues such as the formulation and settlement of injunction litigation.

The U.S. Securities and Exchange Commission (SEC) officially announced that it will hold a closed-door meeting next Thursday, November 30. The agenda topics include: the formulation and settlement of injunction litigation, the filing and settlement of administrative litigation, the settlement of litigation claims, and litigation-related matters. , and other matters related to review and enforcement procedures. Crypto community analysis shows that the U.S. Securities and Exchange Commission may study settlement options in recent crypto litigation cases, such as the Ripple case, in this closed-door meeting. According to previous disclosures, the U.S. Securities and Exchange Commission and Ripple need to meet on February 12, 2024. A lawsuit settlement was reached a few days ago, and it is reported that the focus of the dispute between the two parties may be a huge fine of US$770 million against Ripple.