The post Ripple Pushes for Court Approval to Resume Private Token Sales appeared on BitcoinEthereumNews.com.

The 10-year-long case showcasing Ripple’s true commitment and breaking the chain of SEC’s manipulation and injustice has finally reached its last leg. In the epitome case of Rippel vs SEC, US SEC may finally be inching toward its conclusion, but before that don’t start the party yet as there’s still one big hurdle left on the road to resolution. While both parties have agreed to pause their appeals and explore a potential settlement, legal experts point to one remaining twist that could define Ripple’s future and its IPO possibilities. Ripple Pushes for More Than Just Settlement 1/20 What’s next in the Ripple/SEC saga (TLDR; you are probably measuring this in months and not days). — James Farrell (@Farrell1969) April 16, 2025 Crypto lawyer James Farrell has broken down what’s happening behind the scenes in the XRP lawsuit. According to him, Ripple isn’t just looking to settle with the SEC, it’s also seeking an “indicative ruling” from Judge Analisa Torres. This would allow the judge to modify her earlier judgment in a way that clears Ripple’s path for private XRP sales, which is essential for its potential Initial Public Offering (IPO). Without this specific ruling, Ripple’s chances of going public in the next few years are close to zero, Farrell says. While a settlement could bring legal peace, it’s this ruling that would unlock new business opportunities for Ripple, especially if it wants to list shares in the US markets. SEC Procedures Could Slow Things Down Although the appeals process is now paused, Farrell warns that things could get complicated again if the SEC drags its feet on the indicative ruling. Ripple might submit both a settlement proposal and a ruling request at the same time either jointly or separately but even with SEC support, the process could take six months…

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Filed under: News - @ April 17, 2025 5:21 am