Ripples Around the Ripple and SEC Case: Experts Anticipate Possible Resolution

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by Giorgi Kostiuk

2 years ago

The Ripple vs. US Securities and Exchange Commission (SEC) case remains a focal point of attention, especially with the January 15 deadline nearing. Speculations about the outcome add to the intrigue surrounding this legal battle.

Current Situation

Renowned legal expert Jeremy Hogan recently suggested that the case might settle in April or May, potentially yielding favorable results for XRP holders. However, some question why a settlement is necessary if the SEC lost the case.

Marc Fagel's Commentary

Former SEC attorney Marc Fagel clarified that the SEC did not entirely lose; they partially won and lost. The court agreed with the SEC that Ripple illegally sold over $700 million in unregistered securities in institutional sales, imposing a $125 million fine.

Leadership of Paul Atkins

The incoming SEC chair, Paul Atkins, previously served as an SEC commissioner under President George Bush and is nominated by Donald Trump. He understands the significance of market regulation.

Further developments in the Ripple vs. SEC case will be closely monitored, particularly amid changes in SEC leadership and possible settlement terms.

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