The ongoing legal battle between Ripple and the U.S. Securities and Exchange Commission (SEC) continues to dominate discussions within the cryptocurrency community. Speculation is rife about the case’s potential outcomes, especially following insights from crypto analyst Vincent Van Code (@vincent_vancode) and responses from legal experts like Bill Morgan.
THE SEC vs RIPPLE case has 3 potential outcomes:
— Vincent Van Code (@vincent_vancode) January 22, 2025
1. Keep going
2. Dismiss appeal
3. Reach a settlement
1 won't happen as it is not aligned with the new government strategy. If they do keep going, it will be another 2 years.
2. May not happen easily as there has to be quite…
Three Possible Outcomes
Van Code has identified three plausible scenarios for the Ripple-SEC case:
- Continuing the Case: This option appears improbable, with Van Code arguing that it contradicts the strategies of the new SEC administration. Prolonging the case could result in another two years of litigation.
- Dismissing the Appeal: While possible, this outcome would require substantial justification and may take up to a year to finalize.
- Reaching a Settlement: Van Code considers this the most pragmatic solution, potentially resolving the dispute within four to six months. He speculated that a settlement announcement could occur within weeks, likely boosting XRP’s price and driving institutional adoption.
Van Code also invited feedback from legal heavyweights Bill Morgan and Jeremy Hogan.
Expert Perspectives
Morgan responded, favoring the dismissal scenario, which he described as highly likely. He emphasized that the SEC might lack sufficient grounds to proceed with the appeal, especially in light of the agency’s recent budget cuts and shifting regulatory priorities. While Hogan did not comment directly, his previous statements align with the possibility of the lawsuit being dismissed.
Community Reactions and Next Steps
The broader crypto community largely agrees with Morgan’s outlook. Some predict that Ripple may only need to pay the $125 million fine outlined by Judge Torres, while others argue there’s little incentive for Ripple to settle at all.
The case’s resolution now hinges on the approach taken by acting SEC Chair Mark Uyeda. With the regulatory landscape evolving, many believe the SEC may opt to cut its losses and focus on other priorities.
Also Read: Ripple vs. SEC: Legal Battle May Extend 10 More Months as XRP Hits 5-Year High
For now, the crypto world watches closely, as the outcome of this landmark case could significantly influence the future of cryptocurrency regulation and XRP’s market trajectory.
Disclaimer: The information in this article is for general purposes only and does not constitute financial advice. The author’s views are personal and may not reflect the views of Chain Affairs. Before making any investment decisions, you should always conduct your own research. Chain Affairs is not responsible for any financial losses.