2025-3-21 12:00 |
SEC has dropped its appeal in the big case against XRP, as announced by Ripple’s CEO Brad Garlinghouse a couple of days ago.
On the same day, we reported there are no big buys from Ripple whales yet and one of the reasons could be that the case is actually not officially over. The XRP price is down 2.4% today, now trading around $2.40 range.
Pro-XRP lawyer Jeremy Hogan who has been following this case for years, explained 4 possible scenarios for Ripple from here.
Possible Scenarios According to Jeremy HoganAccording to Jeremy Hogan, while the SEC has dropped its appeal, it remains unclear whether Ripple has agreed to do the same. This means that Judge Torres’ ruling—which includes a $125 million fine and an injunction and is the worst possible outcome Ripple now faces.
Soooo, for a little more detail (2nd try):
1. The SEC has apparently dropped its appeal, but we don't know if Ripple agreed to the same.
2. This means, as far as negative outcomes, the judgment from Judge Torres is the WORST it can get ($125mil plus injunction).
3. There are 4…
Hogan outlines four potential paths forward:
Ripple continues its appeal – This would lead to an appellate court ruling on critical questions, such as whether investment contracts require actual contracts. Ripple drops its appeal and returns to trial court – In this scenario, jurisdiction would return to the trial court, and both parties would attempt to amend the existing judgment. Ripple drops its appeal and reaches a separate agreement – The parties could enter into an agreement without trying to modify the judgment. Ripple simply pays the fine and moves on – Ripple could choose to pay the $125 million penalty and put the case behind them.Read also: Best Penny Crypto to Buy Following Big FOMC and XRP vs SEC News
Expert Perspective on Ripple’s StrategyAttorney Fred Rispoli believes Ripple is likely working on a cross-appeal to reduce or eliminate the $125 million fine. He explains that all lawsuits have two components: the law itself and the people involved.
Rispoli says politics often influence SEC decisions. This has become more common in the last twenty years. He adds that these decisions take time because they must go through many levels of approval.
Ripple has made more progress in court than companies like Coinbase or Kraken. This is why Ripple keeps fighting instead of settling; they’ve already overcome major legal challenges.
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The post Pro-XRP Lawyer on What’s Next for Ripple After SEC Drops Appeal – 4 Possible Scenarios appeared first on CaptainAltcoin.
origin »Ripple (XRP) на Currencies.ru
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