Legal Expert Hints at Potential Early Resolution for XRP Lawsuit

As discussions around the XRP lawsuit heat up, Jeremy Hogan, a legal expert, has sparked fresh speculation about a possible resolution.

The idea of an early settlement, possibly by March, has gained traction. This comes as Ripple CEO Brad Garlinghouse is rumored to participate in the upcoming White House Crypto Summit, a potential turning point in the case. Hogan, known for his insights on the Ripple vs SEC case, hinted at an early conclusion but also cautioned that full resolution might still take time.

Responding to a question from the community, Hogan shared his thoughts on the likelihood of an expedited end to the ongoing legal saga. While he sees the possibility of a swift resolution, he reminded everyone that all elements of the case must be thoroughly addressed before a final settlement could be confirmed.

He pointed out that while the SEC has been quick to dismiss other cases, the complexities in Ripple’s situation could stretch the timeline longer than some hope.

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The involvement of key figures like Garlinghouse at high-profile events like the Crypto Summit adds more fuel to the conversation. Some are speculating that the SEC may follow a similar approach to what it did with the Coinbase lawsuit, potentially dropping its appeal and speeding up the case’s resolution. However, the legal complexities surrounding the injunction issued by Judge Analisa Torres remain a major stumbling block, one that could delay the final outcome of the lawsuit.

Despite the buzz around a possible swift settlement, experts like Hogan have expressed caution, acknowledging that the intricacies of the legal battle mean it may not conclude as quickly as some hope. With these unresolved issues, it seems that the final verdict, though anticipated, may still be months away, potentially extending into May.

Kosta Gushterov