Ripple Win Will Drag US SEC To Settle, Hints XRP Lawyer
XRP Lawsuit: Ripple Labs and its executive fighting a legal battle against U.S. Securities and Exchange Commission (SEC) are optimistic of assured a win. However, U.S. District Judge Analisa Torres is yet to deliver a summary judgment in the XRP lawsuit and expectation of possible settlement from the commission side can be in the picture.
Also Read: Is Settlement Still In Scenario As Summary Judgment Closes In?
Will There Be A Settlement In XRP Lawsuit?
XRP holders’ lawyer in the U.S. SEC Vs Ripple case, Attorney John Deaton dropped a hint about a settlement among both parties. He stated that there is a only chance for a settlement in the XRP lawsuit if Ripple scores a win here.
As per Deaton, a U.S. SEC win in the case will rule out all the chances for a settlement. It will be status quo as Ripple appeals. However, if Ripple secures a win here then there is the possibility that the Commission threatens to appeal for a settlement over the past sales. Read More XRP Lawsuit News Here…
Also Read: Can US SEC Win Against Ripple With Howey Test?
He added that chance of a Jury trial may occur in the XRP Lawsuit as Ripple has argued its fair notice defense is a jury question. Meanwhile, the SEC is fighting with the theory of all or nothing. It is possible that the District Judge could deny motions for summary judgment of both sides and ask them to prove it to a jury.
- Polymarket Hits $20B in Trading Volume, Announces Plans for Massive POLY Token Airdrop
- James Wynn Takes XRP Long Bet After Ripple Prime Announcement
- Nasdaq-Listed Bonk Holdings Makes First Major Purchase of $32M, Nears 3% of Total Supply
- Binance-based Meme Coin GIGGLE Fund Shoots 145% on Exchange Listing News
- ASTER Gets Major Boost as Project Launches Token Buyback Program, Expert Predicts $10 Spike
- PEPE Coin Price Prediction as Weekly Outflows Hit $17M – Is Rebound Ahead?
- HBAR Price Targets 50% Jump as Hedera Unleashes Massive Staking Move
- Chainlink Price Outlook: Analyst Predicts $100 as Reserve Adds 63K LINK
- SUI Price Prediction as TVL and Monthly DEX Volume Hit All-Time Highs- What’s Next?
- PUMP Price Prediction as Whales Accumulate 4.2B Tokens- Is 135% Rally Next?
- Dogecoin Price Crash Looms as Flag, Death Cross, Falling DOGE ETF Inflows Coincide
Why Trust CoinGape
CoinGape has covered the cryptocurrency industry since 2017, aiming to provide informative insights Read more…to our readers. Our journal analysts bring years of experience in market analysis and blockchain technology to ensure factual accuracy and balanced reporting. By following our Editorial Policy, our writers verify every source, fact-check each story, rely on reputable sources, and attribute quotes and media correctly. We also follow a rigorous Review Methodology when evaluating exchanges and tools. From emerging blockchain projects and coin launches to industry events and technical developments, we cover all facets of the digital asset space with unwavering commitment to timely, relevant information.
