Ripple Lawsuit Update: Former SEC Official Reveals Where They Are In Negotiations
Summary
Former SEC official Marc Fagel dismissed rumors of a potential settlement between the SEC and Ripple, stating that closed-door meetings were routine and did not indicate settlement talks. Pro-XRP lawyer Fred Rispoli suggested that a pre-judgment settlement is unlikely, but negotiations on unresolved arguments could occur. The court is expected to give judgment soon, with speculation that the ruling could come by the end of the month. XRP's price has surged by over 38% in the last seven days, sparking optimism among the XRP community ahead of the court's ruling. There is a belief that Judge Analisa Torres' ruling is likely to be in favor of Ripple, potentially leading to further upside moves for XRP.
