Did Ripple and the SEC Reach a Secret Settlement? Pro-XRP Lawyer Sparks Speculation
The ongoing legal battle between Ripple and the U.S. Securities and Exchange Commission (SEC) has taken a new twist. Pro-XRP attorney Jeremy Hogan has suggested that a secret settlement between Ripple and the SEC may have already taken place. If true, this would mark a major turning point for the XRP community and the broader crypto market.
Background: The Ripple vs. SEC Case
Since December 2020, Ripple has been locked in a high-stakes legal dispute with the SEC, which accused the company of selling XRP as an unregistered security. Over the past few years, Ripple has secured major victories, including Judge Analisa Torres’ ruling that XRP is not a security when sold on secondary markets.
Read Also: Terra Classic Achieves Greater Decentralization with Nakamoto Coefficient Rising to 6
Despite these wins, the SEC has continued its legal push against Ripple, seeking penalties and regulatory control. However, with increasing signs of behind-the-scenes negotiations, many are wondering whether the case has quietly come to a close.
Clues Suggesting a Secret Settlement
Jeremy Hogan, a well-known pro-XRP lawyer, has pointed to several key factors that hint at a possible confidential settlement:
- Sudden Shift in SEC’s Approach – Recent court documents suggest the SEC is no longer aggressively pursuing high penalties against Ripple, indicating potential closed-door discussions.
- Lack of Recent Court Filings – The absence of new major filings or legal updates has led many to speculate that negotiations may have taken place privately.
- Ripple’s U.S. Expansion – Ripple has significantly ramped up hiring in the United States, a move that would be unlikely if legal uncertainty persisted.
If Ripple and the SEC have indeed settled, the details would likely remain confidential unless officially disclosed.
Implications for XRP and the Crypto Market
A secret settlement would be a major win for Ripple and the XRP community. It would clear legal uncertainties that have long restricted XRP’s adoption and price growth. Additionally, it would send a strong message to regulators that crypto companies are willing to fight back against overreach.
Read Also: TerraCasino Boosts LUNC Burn: 4.97 Million Tokens Incinerated
For the broader crypto market, this could set a precedent for other blockchain firms facing regulatory scrutiny, encouraging innovation and institutional investment in the sector.
Conclusion
While no official confirmation has been made, Jeremy Hogan’s insights have reignited discussions about the possibility of a Ripple-SEC settlement. If true, this could mark a new chapter for XRP, paving the way for greater adoption, partnerships, and price appreciation in 2025.
Follow us on Facebook, Telegram, and Google News.
Dr. Olajide Samuel juggles the demands of medical studies with a passion for cryptocurrency. A seasoned blogger, Olajide shares his vast global knowledge of the crypto space, offering insights to enthusiasts. Despite his busy schedule, his commitment to crypto remains strong, and he actively seeks ways to contribute to its future.
