SEC’s Unusual Lack of Motions Sparks Speculation
You might have noticed the lack of recent motions from the SEC in the Ripple lawsuit, raising questions about potential settlement talks. With the damages-related discovery phase ending on February 12, predictions about next steps are on the forefront. Why the sudden silence?
Two Possible Outcomes Emerge
If you wonder about the potential outcomes, one scenario is a deal after the February review, while the other is a longer legal battle. Could the quiet phase spark hope or lead to advancing the case rapidly?
Legal Expert’s Take on the Situation
Legal expert Fred Rispoli comments on the unusual absence of SEC discovery motions and discusses the possible implications. His insight highlights the quiet before a potential storm.
What’s Behind SEC’s Silence?
As the SEC vs Ripple case unfolds, Rispoli notes the absence of any filed SEC discovery motions. Given the usually confrontational nature of such litigation, this silence is noteworthy.
Potential Outcomes of the Case
Rispoli suggests the SEC’s lack of motions might indicate a possible understanding between Ripple and the SEC. This could set the stage for a settlement after both parties review the forthcoming discovery, possibly concluding the prolonged legal matter.
Hot Take
Rispoli’s assessment focuses on either a settlement or an extended legal dispute, with implications for Ripple and the SEC. The crypto community waits eagerly for the next developments in this legal battle. With the ongoing uncertainty surrounding Ripple, XRP shows a slight increase, trading at $0.5719.
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