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A ruling is expected in the Ripple and SEC case
Former SEC lawyer: likely settlement in SEC Ripple case
Former SEC criminal attorney Marc Fagel told the crypto community on January 6 that the government agency had partially won and lost in the case. He noted that the fact that Ripple and the SEC are appealing the parts they lost requires compromise between the parties.
The $2.4 billion lawsuit between Ripple and the United States Securities and Exchange Commission (SEC) is back in the spotlight. As the deadline for the SEC's first motion approaches, a former SEC lawyer has stated that there is a strong possibility that the case will be resolved at an early stage. Following Judge Analisa Torres' previous decision, it is suggested that the Trump administration and SEC Chairman, Paul Atkins, may prefer not to appeal in the XRP case.