Legal expert Jeremy Hogan that Coiplation against Sec Saga It can end in the first half of this year. This came when the analyst commented on the committee’s agreement to end a lawsuit against Coinbase and how this could also affect the case of ripples.
The legal expert reveals the Ripple VS. time schedule. SEC settlement
in X postHogan expects a settlement at Ripple VS. SEC can happen at some point in April or May. However, the legal expert admitted that the previous decision could definitely play yet The committee agreement is to decline Her legal battle for two years against the Coinbase Crypto exchange.
Hogan noted that the Coinbase case has been rejected with bias, which means that the committee cannot re -create the case again. He added that this was not even a settlement agreement with some simple concessions, as SEC agreed to drop the case unilaterally. In line with this, the lawyer saw that the committee may not wait SEC Paul Atkins To be confirmed before making large encryption moves.
As such, Hogan predicts that Ripple versus SEC can be the next issue in which the committee ends to drop its non -reserve cases against encryption companies. Former SEC official John Reed Stark It also recently predicted that the committee can soon decrease the lawsuit in the wake of the developments in the Coinbase.
In addition to Coinbase, the Supreme Education Council hopes to end the lawsuit soon. The agency agreed to exchange encryption to stop legal procedures for a period of 60 days. This highlights once again on the willingness of the new SEC administration to create an organizational environment for the encryption industry instead of the enforcement approach adopted by Gary Gensler’s SEC.
This is why experts are convinced that the case will be resolved soon. In X Publishing, CEO of Ripple Brad Garlinghouse Express optimism. He stated that the committee has proven clear interest in moving quickly from the policies of organization and enforcement in the recent administration.
Why it may be difficult to settle the case
In the X Publication, the expert Sherry suggested that the settlement of the ripples against the Supreme Education Council is not clear as the committee’s decision to drop the lawsuit. I noticed that Tamulization suit More complicated, given that the parties have a current ruling to confront it. This is in reference to Judge Angisa Torres, who was awarded a $ 125 million penalty against the encryption company.
Sherry explained a scenario in which Ripple and SEC seek to request a penalty, which reduces the amount that the encryption company aims to pay. Meanwhile, she added that the possibility of the appeal would go before the painting is now largely reduced.
Based on its predictions, Coiplation against the SEC appeal It can be closed as both sides are transferred to drop their charms and appeal. After that, they return to the provincial court, and they are asked to obtain an order to reduce the punishment from Judge Torres.
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