Secv. Three Most Possible Results of the Ripple Lawsuit

The final results have been controversial since the Securities and Exchange Commission (SEC) with Jake Layton Chairs filed a lawsuit against Ripple in December 2020.

According to one side, the commissioner clearly Secv. Rippleet al. In contrast, investors who have valued the profits of thousands of points in the price of XRP since their first coin product (ICO) found it difficult to sympathize with the SEC’s attempts to protect investors from non-existent harm.

The lawsuit was a controversial one. Clayton resigned as chairman the day after the Secretary filed a joint SEC lawsuit and resigned from his term six months earlier. Without explaining itself, the SEC also removed personal accusations against Ripple co-founders Chris Larsen and Brad Garlinghouse.

As the lawsuit was dragged, it certainly waned over certain outcomes. Ripple’s high-paid lawyers led the case through years of lawsuits without a final decision.

Finally, on July 13, 2023, the US District Court for the Southern District of New York issued a final decision. Pay an administerable fine For some actions, they did not break the law by selling XRP to most retail investors.

In Reinvigored, Ripple’s supporters interpreted the ruling by Judge Analisa Torres as clearing the most important category of XRP transactions due to its illegality. In their minds, it was the end of a long-standing lawsuit.

However, the SEC has been pursuing an appeal of Torres’ ruling since October 2024. The U.S. Court of Appeals for the Second Circuit is currently holding its appeal decision in hand.

Result #1: Yes

Its appeal brings readers to the first and most likely results Secv. Rippleet al. : The Second Circuit affirms Torres’ decision. Most US courts of appeals confirm lower court decisions. Furthermore, Ripple acknowledges that it is a cross-border Torres decision, and that the appeal is even more likely to affirm the verdict.

So, statistically speaking, Most likely outcome of a lawsuit Torres’ ruling is affirmed by appeal.

Read more: Ripple gets all in on politics and wins billions

Result #2: Solve cross appeal

The next most likely outcome is probably settlement. With former chairman Gary Gensler and the resignation of the brand new presidential administration, XRP supporters have good reason to hope for a politically impacted settlement.

It is nothing but Donald Trump himself to support this possibility. Donald Trump himself has posted a link to a Coindsk article explaining the positive effects of the administration on XRP and ripples. Gerlinghouse says Ripple has also hired more jobs in the United States since Trump won the election.

Since the SEC’s leadership changed, several lawsuits have already been dropped, resolved and suspended against crypto businesses such as Uniswap and Robinhood. This led to Speculation that it could potentially cease or resolve the Ripple lawsuit..

Result #3: The reversal of the court

Finally, the third most likely outcome is the reversal of Torres’ court decision. This gives the SEC a decisive victory.

There are two controversial rulings that Torres has angered the SEC. (1) that Ripple did not illegally sell XRP to retail buyers in the sale of the program; and (2) that Ripple did not illegally accept non-cash services and labor in exchange for XRP.

Clearly, the SEC hopes that the Second Circuit will overturn both of these decisions.

If the Second Circuit overturns any of her awards, it becomes the third possibility of the ultimate outcome of this case.