Analysis: The legal dispute between the US SEC and Ripple may be resolved before April or May
Ripple CEO Brad Garlinghouse has expressed a strong desire to cooperate with the new leadership of the SEC, sparking industry speculation that the lawsuit between the SEC and Ripple could be dismissed or settled. Legal analyst Jeremy Hogan suggested that the case might be resolved by April or May, although procedural requirements may extend this timeline.
Under current government leadership, it is expected that the SEC will make its final efforts before a change in leadership. With a deadline for submitting court statements on January 15th, they may attempt to influence the direction of this case. However, industry insiders anticipate an incoming pro-cryptocurrency leadership which is expected to create a more favorable environment for Ripple. A positive outcome could pave way for approval of XRP ETFs.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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