Ethereum

United

Prosper

In the <a href="https://bitcoinist.com/knockout-for-the-sec-ripple-legal-wins-pile-up/">ongoing legal battle</a> between cross-border payments company, Ripple and the United States Securities and Exchange Commission (SEC), a crypto expert has speculated that a possible settlement may be on the horizon. The recent <a href="https://bitcoinist.com/xrp-lawsuit-ripple-sec-agreement-schedule/">events surrounding the case</a> outlined by the expert, have indicated a progression to a potential conclusion in the case between the two parties.&nbsp; 
<h2 id="ripple-and-sec-on-the-brink-of-settlement">Ripple And SEC On The Brink Of Settlement?</h2> 
XRP community member and expert, Ashley Prosper has <a href="https://x.com/ashleyprosper1/status/1778836668851605908?s=46" rel="nofollow" target="_blank">speculated</a> that the recent legal proceedings observed between <a href="https://bitcoinist.com/ripple-vs-sec-crucial-dates-2024/">Ripple and the US SEC</a> could be key indicators pointing towards a possible culmination of the three-year-long court battle. In an X (formerly Twitter) post published on Friday, April 12, the crypto expert outlined an extensive number of factors and occurrences that suggest the <a href="https://bitcoinist.com/pro-xrp-lawyer-ripple-sec-settlement-odds-40/">possibility of a legal settlement.&nbsp;</a> 
According to Prosper, the Second Circuit’s <a href="https://bitcoinist.com/us-sec-faces-another-legal-blow-ripple-clo/">decision to reject the SEC’s disgorgement</a> in cases lacking financial loss, alongside the SEC’s failure to identify investors who suffered financial losses from Ripple has added weight to Ripple’s defense.&nbsp; 
The crypto expert also noted that the SEC’s recent investigations and enforcement actions against Ethereum and <a href="https://bitcoinist.com/sec-vs-uniswap-expert-draws-parallels-to-ripples-sec-showdown/">crypto exchange UniSwap </a>could be another indication of a possible conclusion of the legal case. By diverting its attention to these projects, the SEC might aim to <a href="https://bitcoinist.com/house-gop-pressures-sec-to-clarify-ethereum/">classify Ethereum as a security</a>, thereby impacting the broader crypto market and its case with Ripple.&nbsp; 
Moreover, Prosper speculates that Ripple’s recent <a href="https://bitcoinist.com/ripple-emerge-tether-upcoming-stablecoin-launch/">announcement to launch a stablecoin</a> and expand into the market hints that a settlement was imminent. This move could suggest that Ripple was moving forward with its business plans, indicating confidence that could be stemmed from a potential settlement.&nbsp; 
<h2 id="more-factors-that-hint-a-potential-resolution-in-sight">More Factors That Hint A Potential Resolution In Sight</h2> 
In her post, Prosper uncovered other factors that strongly suggest a forthcoming settlement and the eventual conclusion of the SEC and Ripple case.&nbsp; 
The crypto expert disclosed that a <a href="https://bitcoinist.com/ripple-vs-sec-judge-orders-settlement-conference/">settlement conference</a> was slated for April 16th before Ripple could submit a response to the <a href="https://www.newsbtc.com/news/ripple/ripple-ceo-sec-2-billion/" rel="nofollow noopener" target="_blank">SEC’s remedies brief and demands</a>. This timing could be an indicative factor that both parties may be open to reaching an agreement and possible compromise.&nbsp; 
She also highlighted the recent <a href="https://www.newsbtc.com/analysis/xrp/ripple-500-million-xrp-unlock/" rel="nofollow noopener" target="_blank">500 million XRP released from escrow</a> on Friday, April 12. According to Prosper, the April escrow unlock might have been aimed at funding a potential settlement.&nbsp; 
Following her statement, Prosper later <a href="https://x.com/ashleyprosper1/status/1778848743950836215?s=46" rel="nofollow" target="_blank">clarified</a> that no settlement had been scheduled for the specified date and that the 500 million XRP locked within the escrow was not released for settlement purposes. 
This underscores that the notion of a settlement between Ripple and the US SEC was purely speculative, as there are currently no reports or statements from either the SEC or Ripple confirming the possibility of a <a href="https://bitcoinist.com/ripple-vs-sec-climax-briefing-deadlines/">resolution to the ongoing legal battle.</a>&nbsp;&nbsp; 
<img loading="lazy" decoding="async" class="aligncenter size-medium" src="https://www.tradingview.com/x/H6USf6Ha/" alt="XRP price chart from Tradingview.com (Ripple SEC)" width="3286" height="1530">

Ripple Vs. SEC Update: Expert Says Both Parties Have Reached A Settlement Agreement

قائمة المحتويات

Bitcoinist

المزيد من المقالات نُشرت في ١٥ أبريل ٢٠٢٤

Coinbase Analysts Debate Bitcoin Halving Impact, Ripple Whales Bet on Akash Competitor

Litecoin Price Analysis: LTC Shows Bullish Signals Against BTC, Could a Run Be Imminent?

Ethena Introduces Monthly Custodian Attestations for USDe

Impact of US Economic Data on Bitcoin and Cryptocurrency Prices

Doctor Doge Will Rally 8,000% Within Two Days as it Aims to Challenge SHIB and DOGE

10 Best Free Bitcoin Cloud Mining Sites Offering Daily Payouts in 2024

انضم إلى مجلتنا الإخبارية المجانية لآخر تحديثات مجال العملات المشفرة يوميًا.