Post
Topic
Board Altcoin Discussion
Re: How long will the SEC lawsuit against Ripple last?
by
miningguru
on 19/01/2021, 07:07:07 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!
I think this trial will not last long. The executives of Ripple Labs have already announced some time ago that they are entering into negotiations with the SEC over the filed lawsuit. This means that they are ready to at least partially admit their guilt and pay large penalties. In my opinion, this is exactly what the SEC is seeking. If an agreement is reached, the court will approve it and the case will be dropped. The ripple positions can then be restored.
Well things are slowly coming to an end, I am also waiting for a clear news about the future of XRP in this market. People won't have to argue about it anymore, is anyone believing that positive signals will come to XRP? I am also betting a bit of money on it, in these cases the analysis is too much I believe in luck.

Large penalties mean the Ripple labs need to pay tons of money to the SEC, how can they pay those funds to the SEC? People are expecting some positive side which they will settle with the SEC, now everything is in a dilemma which we need to be very careful and their people who want to risk their money with XRP investment.