Ripple Vs. SEC Could See Settlement This Thursday: Here’s Why

Summary

The SEC has a closed-door meeting scheduled, possibly related to the Ripple vs. SEC case. The meeting's agenda includes topics suggesting significant developments in the Ripple case. The SEC is seeking a $102.6 million penalty from Ripple, while Ripple has proposed a $10 million penalty cap. Some believe a pre-judgment settlement is unlikely. XRP is currently trading at $0.53.