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XRP Case: Ripple and SEC May Have Had Secret Settlement, Believes Lawyer
In a shocking turn of events, a lawyer has come forward to suggest that Ripple and the Securities Exchange Commission (SEC) may have reached a secret settlement in the ongoing case against XRP.
The suggestion was made by Hogan, who believes that Ripple could have reached an agreement with the SEC without informing the public or the court. If true, this would be a massive development in the highly anticipated case.
According to Hogan, there are two possible scenarios: either the SEC would need to withdraw its lawsuit against Ripple or the court would need to modify the original injunction, allowing Ripple to continue operating XRP without restriction.
In an interview, Hogan stated, “The challenge? The SEC would have to let Ripple operate without enforcing the court’s original injunction. A tough pill to swallow, but not impossible.” He also hinted that another path is taking the case back to the trial court and asking for an amended judgment. While this might be a riskier option, legal precedent suggests that courts often defer to the SEC’s position in settlements.
It’s worth noting that Hogan did not provide any concrete evidence supporting his claim. However, if true, it would be a significant breakthrough in the case, potentially paving the way for Ripple to resume its operations without restrictions.
The community is eagerly waiting for an official statement from either party confirming or denying this rumor.
Source: https://u.today/xrp-case-ripple-and-sec-may-have-had-secret-settlement-believes-lawyer
