The legal battles between Ripple Labs and US Securities and Exchange Commission (Sec) have caused a wide range of speculation on potential consensus. According to the recent development, the resolution of this case can be closer than expected, and some point out the main signs of possible results.
One element strengthening guess is a revelation that Ripple’s CEO, Brad Garlinghouse, discussed XRP and XRP directly as a US digital asset protection zone. The idea that XRP becomes the National Reserve Asset is still uncertain, but the fact that such discussions are taking place is considered a major development.
It is also widely discussed to remove the recent ripple cases from the SEC website. This movement has caused rumors about the imminent settlement, but experts warn of too much reading.
Sherrie, a famous expert in the XRP community, said the SEC did not move the case. In fact, it was concluded and it was now listed according to the award claim. If the case is appealed, you have received a new case number and can be found on the appeal court website.
When Mark Ueeda’s acting chairman asked why he did not withdraw the case, she explained that it was rare to abandon a famous event like Ripple. In general, this big case is handled by the official president.
“It is rare for the acting chair to get freedom to drop high profile cases such as Ripple ‘s. In general, these big cases are handled by the actual president. Atkins is estimated to be approved by the Senate around April, ”she said.