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XRP Lawsuit: Lawyer Reveals Crucial Dates For Ripple Vs SEC Case Settlement
The Securities and Exchange Commission’s increasingly favorable stance on crypto lawsuits has fueled speculation about an imminent XRP lawsuit settlement. However, experts like Jeremy Hogan believe the Ripple vs SEC case’s complexity will lead to delays, predicting a conclusion no earlier than March 14.
Notably, Hogan is maintaining his delay forecast for the XRP lawsuit, undeterred by the SEC’s recent decision to end the Tron lawsuit. Let’s unravel the lawyer’s predictions and analyze the Tron lawsuit’s potential implications on the Ripple case.
When Will XRP Lawsuit End? Lawyer Answers
Following the regulator’s move to pause the Tron lawsuit, the community is now wondering if the XRP lawsuit might be next in line for resolution. In response to the increasing speculations, legal expert Jeremy Hogan shared an X post. He reaffirmed his earlier prediction of a potential delay in the XRP lawsuit.
“Ripple is STILL a more complicated a case to resolve because of the judgment,” stated Hogan, highlighting the higher possibility in the Ripple case’s delay. In addition, Hogan identified three key dates – March 14, April 11, and May 1 – as potential milestones for the settlement of the XRP lawsuit. According to Hogan, the Ripple vs SEC case may be settled on one of these three crucial dates.
SEC’s Crypto Lawsuits and Ripple’s Future
Significantly, the SEC has been making revolutionary moves over the past few days, concluding long-standing crypto lawsuits. Many high profile cases including Coinbase, Robinhood, OpenSea, and Uniswap have been closed by the restructured SEC under President Donald Trump. And most recently, the agency decided to pause the civil fraud case against Justin Sun, the founder of Tron Foundation.
While many remain optimistic about the imminent XRP lawsuit settlement, lawyers like Hogan and MetaLawMan highlight the unlikely situation. According to them, Judge Analisa Torres’ ruling and the $125 million penalty remain significant obstacles to an earlier resolution.
Not everyone is optimistic about the SEC’s recent actions. Former official John Reed Stark has leveled criticism against these moves. Stark believes that these regulatory reforms are a harbinger of the agency’s downfall, rather than a positive development.
Three Likely Outcomes for Ripple vs SEC Case
As pointed out by Protos, the Ripple vs SEC case has three most likely outcomes including affirmation, cross-appeals settlement, and reversal of Judge Torres’ decision.
Statistically, affirming Judge Torres’ ruling is the most probable outcome of the XRP lawsuit. Aligning with the common practice of US appellate courts affirming lower court rulings, the Second Circuit will likely uphold Judge Torres’ decision.
Next on the line is the lawsuit’s probable settlement. The SEC’s progressive approach and Donald Trump’s pro-crypto stance reinforce the possibility of a settlement. With the SEC dismissing multiple crypto lawsuits, hopes for a Ripple case settlement are rising.
The third most likely outcome of the SEC vs Ripple case is a reversal of Judge Torres’ decision. Interestingly, this would result in a decisive victory for the SEC. The judge ruled that programmatic sales of XRP aren’t securities and that Ripple’s exchange of XRP for non-cash services and labor was legitimate. If the appeals court reverses either of these decisions, it could lead to the XRP lawsuit’s ultimate outcome.
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