Post
Topic
Board Altcoin Discussion
Re: How long will the SEC lawsuit against Ripple last?
by
TravelMug
on 18/01/2021, 23:42:43 UTC
Some says that the lawsuit will be dropped or that there will be a settlement before the actual lawsuit starts (22nd of February).
Some say that that the lawsuit might last months or even years.

What do you think?
Please let me know!

They are hell bent on fighting if out with the US SEC so the lawsuit might last for months or years.

Just to let you know, about one of the biggest case of SEC against a crypto project, Telegram to Return $1.2 Billion to Investors and Pay $18.5 Million Penalty to Settle SEC Charges.

So the case started in Oct, 2019 and on June, 2020, then settled and pay the penalty, so minimum of six months. So if XRP chooses to go for litigation, this case could be years.