The prolonged legal standoff between Ripple and the U.S. Securities and Exchange Commission (SEC) may be approaching its conclusion. Legal analyst Jeremy Hogan recently provided insights on how the case could be resolved in a matter of days, but a critical legal barrier—the court’s injunction—remains a significant obstacle. Could a Private Settlement End the Legal Battle? According to Hogan, the quickest path to a resolution lies in a confidential settlement between Ripple and the SEC. He responded to Fox Business reporter Eleanor Terrett, who reported that sources close to the matter indicated the lawsuit was nearing its end. For the case to wrap up swiftly, Hogan explained that Ripple and the SEC would need to reach a private agreement, withdraw the appeal, and avoid bringing the settlement terms back to the court for approval. This would effectively sidestep further legal proceedings. The SEC’s Injunction: A Stumbling Block? Despite the possibility of a private resolution, a key legal hurdle could complicate matters —the court’s injunction against Ripple. Hogan pointed out that the SEC would need to agree not to enforce this injunction. Given the regulatory agency’s aggressive stance on crypto enforcement, he expressed skepticism about such a concession. However, a compromise could be possible. Hogan speculated that instead of disregarding the court order outright, the SEC might offer Ripple a structured pathway to register XRP sales to institutional investors. This arrangement would allow Ripple to continue its operations legally while enabling the SEC to uphold the court’s directive without directly undermining it. We are on twitter, follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) July 15, 2023 Is Ripple Pushing for More Favorable Terms? Other legal experts, including attorney James Murphy, have suggested that Ripple itself may be the reason for the delay. Murphy theorized that Ripple could be pushing for a more favorable deal, including modifying certain aspects of Judge Analisa Torres’ ruling. The SEC is rumored to be open to settling for a $125 million penalty, but Ripple may be negotiating to eliminate restrictive language that could imply liability or wrongdoing. This aligns with Terrett’s report that Ripple’s legal team is working to finalize terms that won’t set a damaging precedent for the company’s future operations. A Landmark Settlement for the Crypto Industry? If an agreement is reached, it would mark the conclusion of a multi-year legal battle that has significantly influenced cryptocurrency regulation in the United States. Hogan emphasized that settlement remains the most likely route for a swift resolution, but the case’s outcome could set a new standard for SEC enforcement actions in the digital asset space. While speculation remains high, it is clear that both parties are actively working toward a resolution. Whether negotiations conclude in the coming days or extend further, the settlement’s final terms could have lasting effects on the broader crypto industry and regulatory landscape. Disclaimer : This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are urged to do in-depth research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses. Follow us on Twitter , Facebook , Telegram , and Google News The post Ripple vs. SEC: Legal Expert Reveals Condition for Swift Resolution appeared first on Times Tabloid .
