The post Ripple Labs Could Pay SEC Settlement With XRP: Here’s How appeared on BitcoinEthereumNews.com.

Pro-crypto lawyer Jeremy Hogan recently brought the market’s attention to a likely outcome in the longstanding Ripple vs. SEC case. The attorney said Ripple Labs could use XRP to settle its $125 million fine to the US Securities and Exchange Commission (SEC). If this eventually happens, it could reinforce XRP as a legitimate US asset, leading to a potential price surge. Ripple to Pay $125 Million in XRP While defending his stance, Jeremy Hogan cited an earlier case in the US, which he thinks is similar to Ripple vs SEC. Willard v. Tayloe is a Supreme Court case after the Civil War when the “U.S. legal tender” general idea was slightly less settled than it is today. In this case, the Court ordered the performance of a contract in gold instead of dollars. According to Jeremy, Ripple could take clues from the Willard case and settle its $125 million fine in XRP instead of dollars. However, he pointed out a key difference in both cases. He said that unlike in the Ripple case, the court sat in equity with a specific performance action. Source: X Nevertheless, Jeremy said he could argue the general principle for both cases are the same. Jeremy noted, “Especially when the parties would both be AGREEING to payment in a commodity instead of dollars (if the SEC doesn’t agree, it’s not going to happen).” Backtracking, Judge Analisa Torres ordered Ripple Labs to pay the SEC a $125 million fine for violating US securities laws. Ripple executives, including CEO Brad Garlinghouse and CLO Stuart Alderoty, said they were happy with the result at the time. They pointed out that the $125 million fine is substantially less than the $2 billion that the SEC initially sought. Also, Ripple did not have to pay the $876 million and $198…

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Filed under: News - @ March 8, 2025 2:26 pm