Attorney Familiar With Ripple (XRP) Lawsuit Drops Major “Bombshell” on The Case

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Attorney Familiar With Ripple (XRP) Lawsuit Drops Major “Bombshell” on The Case

The ongoing legal dispute between Ripple Labs and the U.S. Securities and Exchange Commission (SEC) may reach an unexpected conclusion through a private settlement as noted by attorney Jeremy Hogan. A recent tweet from X Finance Bull, a known crypto influencer on X, described Hogan’s statement as a “bombshell on XRP.”

According to Hogan, this move could prevent further appeals, eliminate prolonged delays, and bring much-needed regulatory clarity for XRP.

Speculation about a potential settlement intensified after Fox Business journalist Eleanor Terrett suggested the case is nearing its conclusion. Hogan analyzed the situation and explained that a private agreement between Ripple and the SEC appears to be the most viable path for a swift resolution.

He highlighted a key statement from Terrett’s report: “…case is in the process of wrapping up and could be over soon.” He noted that the only way the case could conclude quickly is through a private settlement, which would involve dismissing the SEC’s appeal, avoiding further court proceedings, and keeping the terms undisclosed.

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New Insights Indicate a Possible Compromise

The path toward settlement becomes complicated because the court imposed an injunction restricting Ripple’s particular XRP sales. A private resolution requires the SEC to change its position regarding enforcing the existing XRP sales restriction.

According to Hogan, the SEC could provide Ripple with a mechanism to register institutional XRP sales under regulatory oversight rather than withdrawing the earlier imposed injunction. The proposed framework will clarify Ripple, yet let the SEC preserve its regulatory authority without surpassing Judge Analisa Torres’ prior decision.

An agreed-upon framework between both parties would enable the case to finish before more legal proceedings. Ripple could function without regulatory ambiguity under this proposed agreement, which fulfilled all necessary regulatory requirements.

Institutional Confidence and Market Impact

The potential private settlement has significant implications for XRP and the broader cryptocurrency industry. According to X Finance Bull, resolving the lawsuit through a private agreement would remove a major regulatory barrier for XRP.

X Finance Bull described Hogan’s insight as a “bombshell,” emphasizing that a private settlement would eliminate delays, prevent appeals, and provide the regulatory clarity needed for institutional adoption.

“If this happens, Ripple moves forward, institutions get the green light, and XRP enters a new era,” X Finance Bull tweeted, highlighting the potential market shift.

Market trends have shown that XRP’s value often fluctuates based on developments in the lawsuit. A definitive resolution could stabilize the digital asset’s market position and encourage renewed investor confidence. According to X Finance Bull, XRP is already outperforming Bitcoin ($BTC) and Ethereum ($ETH), signaling increased market interest.

SEC’s Potential Motivation for a Settlement

The resolution would generate value for Ripple and create positive effects for the SEC. If the regulatory prolongs the battle with Ripple, it may decrease public trust in the government agency’s regulatory handling of digital assets.

According to Hogan, a settlement agreement does not need court approval. The settlement agreement between Taco Bell and the SEC in a past appeal included undisclosed terms that the SEC could replicate with Ripple if they chose settlement.

The SEC could achieve regulatory oversight by settling terms, preventing them from facing another unfavorable court decision. The previous ruling by Judge Torres has reduced the SEC’s legal position, so a negotiated settlement might be the most appropriate solution to avoid additional courtroom troubles.

Conclusion

A private settlement could end one of the most high-profile cryptocurrency legal battles. If Ripple and the SEC reach an agreement, a new regulatory framework for XRP will be established, and a precedent for future crypto-related cases will be set.

The final decision will have lasting effects on the digital asset market and the regulatory landscape in the United States.

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