Is Ripple poised to settle with SEC this week? Crypto Twitter weighs in

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A United States congressional candidate said an unfavorable settlement between Ripple and the SEC would be a 'loss for the whole world,' while others said it would have 'catastrophic implications' for the industry.

, telling his 157,000 subscribers he thinks there is a roughly 50% chance Ripple wins, but a “110.6% chance of something happening shortly.”

The lawyer predicts that if Ripple wins, the most likely reason would be “it had no legal obligation to purchasers of XRP after the sale occurred, no post sale obligations, in other words there can be no investment contract without an investment contract.” “The evidence is clear in the Ripple case that there is no ongoing legal relationship between Ripple and XRP purchasers. There’s just none, and the SEC has failed to address that problem,” he added.by defense lawyer and former federal prosecutor James Filan that the case will be decided on or before Mar. 31, 2023, calling it a “proclamation from a legal God.”

I am sticking to my prediction that District Judge Torres will decide both the Expert Motions and the Summary Judgment motions at the same time - on or before March 31, 2023.

Source: Law Daily Report (lawdailyreport.net)

 

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Agree! A bad settlement could be a major FUD for the crypto space. But with the right regulations, the industry can grow and provide more financial freedom to the world 🌎 DeFi Blockchain

The king:

1st word of this article : 'Rumors'

THEY WILL GO TO ASHES... Nobody but the XRPArmy XRPCommunity XRPHolders only stood by Ripple Our legends like JohnEDeaton1 stood strong 💪 99 will go, they were meant to go 🔆

Catastrophic? I think they handled more difficult things.

ripple is nothing and means nothing buy bitcoin

We don’t subscribe to CoinTellaLie

Burn it all to the ground 99% of these projects are trash anyways

Xrp Price would already be rising if settlement was happening on the 15th.

Ripple will do what’s best for Ripple.

As many of you guessed correctly 👀 we're excited to share that our audits have been successfully completed 💪 and we are now officially in the final count down to launch MainNet! More details coming shortly🚀🚀🚀 CoreDAO CertiK HalbornSecurity LeastAuthority

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