XRP Lawsuit: Ripple Labs and its executive fighting a legal battle against U.S. Securities and Exchange Commission (SEC) are optimistic of assured a win. However, U.S. District Judge Analisa Torres is yet to deliver a summary judgment in the XRP lawsuit and expectation of possible settlement from the commission side can be in the picture.
Also Read: Is Settlement Still In Scenario As Summary Judgment Closes In?
Will There Be A Settlement In XRP Lawsuit?
XRP holders’ lawyer in the U.S. SEC Vs Ripple case, Attorney John Deaton dropped a hint about a settlement among both parties. He stated that there is a only chance for a settlement in the XRP lawsuit if Ripple scores a win here.
As per Deaton, a U.S. SEC win in the case will rule out all the chances for a settlement. It will be status quo as Ripple appeals. However, if Ripple secures a win here then there is the possibility that the Commission threatens to appeal for a settlement over the past sales. Read More XRP Lawsuit News Here…
Also Read: Can US SEC Win Against Ripple With Howey Test?
The post Ripple Win Will Drag US SEC To Settle, Hints XRP Lawyer appeared first on CoinGape.
Source: https://coingape.com/xrp-lawsuit-ripple-win-sec-settlement/