What’s the Latest on the Ripple-SEC Case? When Will It End? Here Are the Dates and Predictions Every XRP Holder Should Know
The post What’s the Latest on the Ripple-SEC Case? When Will It End? Here Are the Dates and Predictions Every XRP Holder Should Know appeared on BitcoinEthereumNews.com.
In a detailed thread on X (formerly Twitter), legal analyst James Farrell has provided a comprehensive breakdown of what’s next in the high-profile legal battle between Ripple (XRP) and the U.S. Securities and Exchange Commission (SEC). According to Farrell, the case is likely months, not days, away from being resolved and depends on several key procedural steps and strategic decisions. Currently, the U.S. Court of Appeals for the Second Circuit has halted the appeal process, leaving the case in limbo. Farrell explains that two key components are currently under consideration by the full SEC Commission: A possible settlement offer from Ripple and Request for an indicative decision from Judge Analisa Torres. What is an Indicative Decision and Why is it Important? Farrell explains that this will include Judge Torres signaling whether he will modify his current decision to allow Ripple to conduct a private sale of unregistered securities using exemptions not normally available to companies found to have violated securities laws. This is a big deal for Ripple. Without such a change, Farrell argues, the company’s chances of launching an IPO in the next few years are “basically zero.” As other crypto firms pursue IPOs, Ripple could remain on the sidelines. If Ripple were to submit a settlement proposal, the full SEC would need to vote on it, a process that has no set timetable as of recent court filings. A key unknown is whether the SEC will consider the settlement and indicative ruling as a combined proposal or as two separate matters. If considered separately and the SEC only approves the settlement, Ripple would have to seek a modification of the injunction after the appeal is denied, which would pose a significant risk. In this scenario, Judge Torres could deny the request and leave Ripple with a settlement, but…
Filed under: News - @ April 18, 2025 7:20 am