All Hell Could Bullishly Break Lose For XRP As Pro-Ripple Attorney Sees An 18% Chance of SEC Settlement ⋆ ZyCrypto
Jeremy Hogan, a prominent attorney closely following the ongoing legal battle between Ripple Labs and the U.S. Securities and Exchange Commission (SEC), has predicted an 18% chance of the SEC settling its case against Ripple and the firms co-defendants. Sharing his insights on Twitter regarding the possible outcomes of the SEC v. Ripple case on Sunday, Hogan first suggested that settling with the individual defendants could have expedited the case, potentially reaching an appellate court about 9-12 months faster. He said this approach would have saved the SEC valuable time and preserved its resources while avoiding a protracted and overreaching legal battle. However, Hogan acknowledged that even with this route, the case would likely have extended deep into 2026, specifically to August 14, 2026, giving it a 39% chance of happening. Another option Hogan considered was a complete settlement of all litigation against Ripple and the individual defendants. wrote Hogan. Notably, just last week, judge Analisa Torres recommended a settlement conference before the final pre-trial conference, which is slated for April 16, 2024. However, its worth noting that the SEC has exhibited a limited willingness to compromise up to this point. The most crucial point Hogan emphasized was that the July Summary Judgment was the “law