Ripple's escape route? Lawyers reveal how SEC cases can end quickly

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The long-term legal dispute between Ripple and the Securities and Exchange Commission (SEC) is being dragged into overtime. The incident reportedly gets caught up in a last minute battle as the parties should determine the conditions.

Reports show that two well-placed sources expect final negotiations to be underway. However, crypto attorney Jeremy Hogan suggests that the only way to resolve it is through a private settlement agreement.

Hogan suggests a personal deal to skip court dates

Jeremy Hogan in the X post said that the SEC and Ripple can personally agree to the terms of the settlement. The move includes dismissing the appeal so that neither party will return the settlement to the court for ratification.

This is only possible after the SEC assumes that it agrees not to enforce a court injunction. It seems very difficult for the committee to pursue this option, but it can nod to something more diagonal, such as providing Ripple with a path to registering institutional investors for sale of XRP. This allows Ripple to move on without acknowledging fraud.

Hogan said this is the only way to see cases resolved at any time in the coming days or weeks. He linked these assumptions to the revelation of former Fox journalist Eleanor Terrett. However, she emphasized that there is no actual playbook that explains why this case takes more time to resolve than the others.

Crypto counsel said the parties cannot move to the court of appeals to approve the judgment. This is because the Court of Appeal lacks jurisdiction to impose or enforce a judgment.

XRP lights up Bitcoin and Ethereum

The SEC initially accused them of raising $1.3 billion through unregistered XRP sales. For now, Ripple is taking on the challenge of Judge Analisa Torres’ 2023 ruling.

However, Gary Gensler’s departure from the SEC brought new hope for Ripple and the XRP forces as prices exploded after winning Donald Trump’s presidential election.

XRP prices have skyrocketed by around 230% in one year. This spike marked the comeback of Ripple’s native ciphers in the top five cipher aggregation. Despite facing recent crashes, XRP has risen 9% since the start of the year. Meanwhile, the largest digital assets like Bitcoin and Ethereum fell by 11% and 43% over the same period.