Ah, the eternal dance of Ripple and the SEC, a legal drama more drawn out than a Wagnerian opera 🎭. The XRP price, poor thing, stumbles under the weight of this endless litigation. But hark! A U.S. Court of Appeals has deigned to grant a joint motion, a moment of unity as rare as a sober poet. Experts, those delightful purveyors of educated guesses, whisper that the end is nigh. Let us delve into this quagmire, shall we?
Ripple vs SEC Case End Dates Near as SEC Pauses the XRP Lawsuit
According to the CoinGape blog, that bastion of financial wisdom, a U.S. Court of appeals has granted a 60-day reprieve in this legal jousting match. Both parties, weary perhaps of the endless parrying, have requested this pause, hinting at a settlement so close it could resolve the remaining appeal. One can only hope it’s not as illusory as a mirage in the desert 🏜️.
Ripple, in a moment of uncharacteristic generosity (or perhaps shrewd calculation), will only pay $50 million in penalties, with the rest of the $75 million potentially returning to them. A veritable refund! But alas, the settlement process is slower than a snail on a Sunday stroll 🐌. The experts, in their infinite wisdom, suggest they await the arrival of one Paul Atkins to the SEC Chair role. A plot twist worthy of Shakespeare, wouldn’t you agree?
But wait, there’s more! Ripple also seeks a ruling from Judge Analis Torres that would allow it to conduct a private XRP sale. A crucial point for Ripple’s IPO, as “without this, the next 3 years are basically zero.” One shudders to think of such a desolate financial landscape. It could also mark the end of the Ripple lawsuit. Or not. Who can truly say? 🤷
XRP Lawsuit to End Before June if This Happens
Experts like James Farrell, a name that surely inspires confidence, claim that the appeal could conclude swiftly, even before June, if the SEC approves both the settlement and the indicative ruling. If, and only if, Judge Torres agrees to the modifications. A veritable house of cards, ready to tumble at the slightest breeze 🌬️.
If the SEC approves both parties, then file the motion for an indicative ruling before Judge Torres. This will likely not be quick. J Caprini took 6 months for a similar one in Litovich, but J Parker only 3 weeks in Avilez on one where settlement was conditioned on vacating the ruling.
The following 60 days will act as the crucial window for this trajectory and the XRP price. However, considering the 10-year-long battle and uncertainty, things could get delayed. One might suggest they invest in a good bottle of wine to weather the storm 🍷.
Ripple vs SEC Case End Date to Drag Until 2027 if This Happens
Should the stars align in a particularly unfortunate manner, a delay until 2027 is possible. Ferrel, in a moment of chilling prophecy, explains that Judge Torres’s refusal could send the case back to the appellate court. A fate worse than a bad review, surely! Thus, the Ripple vs SEC case end date could be delayed until 2027. The horror! 😱
Assuming Torres took 6 months from motion, argument on appeal likely around July 2026, and decision in January 2027.
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2025-04-17 13:30