Three Potential Outcomes of Ripple vs SEC Lawsuit

The legal battle between Ripple and the SEC has drawn intense scrutiny from the crypto community, with speculation regarding the next steps dominating discussions.

Recent insights from Vincent Van Code (@vincent_vancode) and responses from key figures like Bill Morgan offer varying perspectives on potential outcomes.

Potential Outcomes Of the Lawsuit

Van Code (@vincent_vancode) outlined three possible scenarios for the Ripple-SEC case:

1. Continuing the Case: Van Code dismissed this as unlikely, stating it does not align with the new administration’s strategies. He added that if the case continues, it could drag on for another two years.
2. Dismissing the Appeal: While possible, he noted this would require compelling reasons and could take up to a year to finalize.
3. Reaching a Settlement: Van Code argued that this is the most practical and time-efficient solution, potentially concluding within four to six months.

He suggested a settlement announcement could come within weeks, stating that such an announcement would likely boost XRP’s price and increase institutional involvement. Van Code also called on Bill Morgan and Jeremy Hogan, two prominent attorneys in the crypto space, for their expertise.

Legal Expert Weighs In

Morgan responded to Van Code’s post, expressing a clear preference for the dismissal scenario. He stated that the second option—dismissing the appeal—is very likely. While Hogan did not respond, he previously expressed his belief that the new administration would dismiss the lawsuit.

One potential reason for dismissal is that the SEC may lack sufficient grounds to proceed with the appeal. The regulator’s budget was slashed late last year, and the shifting regulatory landscape will draw the SEC’s focus in other directions.

Broader Community Reactions

The broader crypto community weighed in on potential outcomes. One commenter echoed Morgan’s sentiment, stating, “The most likely outcome is that the SEC drops the appeal, leaving Ripple to pay the $125M fine as defined by Torres. This makes the most sense and could happen in the immediate future.”

Another agreed, adding, “A dismiss appeal would be a hit in the face to the old administration, imo totally possible.” Another community member stated, “I still see no reason for Ripple to settle. It makes no sense. This case is on track to be dismissed.”

The consensus is that the lawsuit will be dismissed, and the crypto world is watching Mark Uyeda, the newly appointed acting SEC Chair, to see what the regulator’s next steps will be.

Disclaimer: This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are urged to do in-depth research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses.

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