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Settlement Seems to Be the Best Answer for Ripple Against US SEC

Gaurav Roy by Gaurav Roy
March 6, 2022
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The main problem worrying Ripple (XRP) investors and traders are the company’s case against the US Securities and Exchange Commission. 

Numerous Ripple traders and investors suffered the effects of the case through the volatile XRP prices to represent the buyer’s fear of the lawsuit’s outcome. Despite positive sentiments about the case, settling with the US Securities and Exchange Commission seems the best way to go. 

According to Ripple lawyer John Deaton, the judge is about to rule in Ripple’s favor to provide the company with the notes and emails from Hinman’s 2018 speech. 

Settlement Seems to Be the Best Answer for Ripple Against US SEC
Ripple stock prices affected by SEC lawsuit

These findings should be enough leverage for Ripple to move SEC to a settlement. Attorney Jeremy Hogan showed a document containing the rules that SEC and Ripple would need to follow after the discovery. 

Although the last settlement was not fruitful, Sarah Netburn favours hosting the mediation between both parties. Netburn saw all the documents on camera, indicating a possibility for a settlement in April or May. 

Settlement Seems to Be the Best Answer for Ripple Against US SEC
Possible settlement agreement between Ripple and US SEC

Nevertheless, numerous cryptocurrency investors expect to resolve this lawsuit by 2022, accompanied by new standards and mandates to govern cryptocurrencies. 

On the one hand, Ripple would experience their XRP prices returning to a less volatile position, potentially increasing due to positive sentiments from investors and traders. 

On the other hand, the US SEC would relieve the tension they have with other US cryptocurrency investors regarding the volatile movements of XRP throughout the case. 

gaurav roy xrp news | XRP & Ripple News
Gaurav Roy
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Gaurav Roy

Gaurav Roy

Gaurav is an expert when it comes to Cryptocurrency, writing for some of the biggest Cryptocurrency websites out there.

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XRP News – Keeping You Up To Date With All Things XRP & Ripple

In the rapidly evolving world of digital finance, XRP stands out as a pioneering force, reshaping the landscape of cryptocurrency and blockchain technology. As a core product of Ripple Labs, XRP is not just a digital currency; it’s a breakthrough in how we perceive and engage with global financial transactions. This article delves into the essence of XRP, exploring its distinctive features and the reasons behind its growing popularity.

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A Community of Innovators

The XRP community is a vibrant and dynamic force, comprising developers, entrepreneurs, and enthusiasts. This community is at the forefront of exploring new use cases for XRP, pushing the boundaries of what’s possible in the realms of digital payments and blockchain technology.

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