Legal expert Jeremy Hogan says the SEC case against Ripple is likely to be resolved in May – that is why

Several encryption lawyers have theories on the ongoing case of the US Securities and Stock Exchange (SEC) against the payments company.

SEC has dropped many large encoding procedures this year, including lawsuits against Coinbase, Kaken, Metamask and investigations in Robinhood and Opensea.

Lawyer James “Metalawan” Murphy theory SEC’s unsatisfactory delay in rejecting the issue of ripples may be because the company “is negotiating hard to make the Supreme Education Council agree to evacuate some or all the judge Torres.”

SEC filed a lawsuit against the San Francisco payment company in late 2020 by selling XRP as an unregistered guarantee. In 2023, the provincial judge, Angisa Torres, ruled that the XRP automated Ripple sales did not constitute security offers, unlike SEC.

However, the judge, along with SEC, claimed that XRP sales directly for institutional buyers were securities.

Legal encryption expert Jeremy Hogan Consistently With the theory of Murphy, noting that the delay in rejecting the case is likely to be due to a judicial order in the rule of Torres.

“The court ordered a ripples from (mainly) sales directly to customers. There are solutions to that, but it is clear that Ripple prefers that there is no judicial order at all!

So, assuming that SEC is ready to work with them, the case is: Once the court issues a judicial order, the parties themselves cannot simply agree between them to ignore the irritable matter! Trust me, many men have faced a legal problem by thinking that since their return with their friend, they can ignore the restriction matter (a kind of irritable matter) against being 200 feet away from it.

So, how do you solve the irritable matter? It is not simple, and that is why I think the issue is not resolved until April-while all other cases were already rejected. “

Hojan also explains what he thinks Ripple needs to do to dissolve a judicial matter.

“Ripple has only one shot in obtaining a judicial order with the court of trial, so it will have to formulate a formula for formulating very carefully. This takes time and the Supreme Education Council will mainly have to register it – more complicated.

Once agreed on this, both parties refused to appeal and then ripped their files with the Court of trial. Then the judge must judge the proposal that can take some time.

So I see him playing, and for this reason I think May is the month – although I can see the appeals that are rejected in April, before the date of Ripple. “

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Created Image: Midjourney