Lawyer Jeremy Hogan suggests that the Ripple vs. SEC case might be settled by April or May. Both parties have appealed the court’s decision, gaining significant attention.
Context of the Ripple and SEC Case
The court ruled that Ripple’s $700 million institutional sales were illegal securities offerings, imposing a $125 million penalty. This penalty is currently on hold due to the appeals process.
Impact of SEC Leadership Change
The SEC’s leadership change on January 20 might influence the case’s outcome. Former SEC attorney Marc Fagel suggests the new administration might drop the appeal, potentially leading to a settlement.
Settlement Prospects
Pro-XRP lawyer Jeremy Hogan suggests a potential settlement could happen by April or May. This prediction has renewed interest in XRP.
The potential changes in SEC leadership and their decision on the appeal might be a key factor in reaching a settlement between Ripple and SEC.
