{"id":525961,"date":"2022-12-13T06:09:31","date_gmt":"2022-12-13T03:09:31","guid":{"rendered":"https:\/\/en.buradabiliyorum.com\/is-ripple-poised-to-settle-with-sec-this-week-crypto-twitter-weighs-in\/"},"modified":"2022-12-13T06:09:31","modified_gmt":"2022-12-13T03:09:31","slug":"is-ripple-poised-to-settle-with-sec-this-week-crypto-twitter-weighs-in","status":"publish","type":"post","link":"https:\/\/buradabiliyorum.com\/en\/is-ripple-poised-to-settle-with-sec-this-week-crypto-twitter-weighs-in\/","title":{"rendered":"# Is Ripple poised to settle with SEC this week? Crypto Twitter weighs in"},"content":{"rendered":"<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_85 counter-hierarchy ez-toc-counter ez-toc-custom ez-toc-container-direction\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Table of Contents<\/p>\n<label for=\"ez-toc-cssicon-toggle-item-6a3bf43f6f09b\" class=\"ez-toc-cssicon-toggle-label\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #dd3333;color:#dd3333\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #dd3333;color:#dd3333\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/label><input type=\"checkbox\"  id=\"ez-toc-cssicon-toggle-item-6a3bf43f6f09b\" checked aria-label=\"Toggle\" \/><nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-1'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/buradabiliyorum.com\/en\/is-ripple-poised-to-settle-with-sec-this-week-crypto-twitter-weighs-in\/#%E2%80%9D_Is_Ripple_poised_to_settle_with_SEC_this_week_Crypto_Twitter_weighs_in_%E2%80%9C\" >&#8221; Is Ripple poised to settle with SEC this week? Crypto Twitter weighs in &#8220;<\/a><\/li><\/ul><\/nav><\/div>\n<h1><span class=\"ez-toc-section\" id=\"%E2%80%9D_Is_Ripple_poised_to_settle_with_SEC_this_week_Crypto_Twitter_weighs_in_%E2%80%9C\"><\/span>&#8221; Is Ripple poised to settle with SEC this week? Crypto Twitter weighs in &#8220;<span class=\"ez-toc-section-end\"><\/span><\/h1>\n<p><img decoding=\"async\" src=\"https:\/\/images.cointelegraph.com\/images\/840_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjItMTIvYmI5NDNlNmYtMzM5MS00MjlmLWIwYTctMTA1MWMzNmJlNjU2LmpwZw==.jpg\" \/><\/p>\n<div class=\"post-content\" data-v-30a6cf80>Rumors continue to swirl suggesting the two-year legal battle between Ripple Labs and the United States Securities and Exchange Commission (SEC) may be coming to an end as early as this week, prompting the crypto community to weigh in on the matter.\u00a0<\/p>\n<p>Speculation about the potential settlement <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/download-scripts-themes-apps\/\" data-internallinksmanager029f6b8e52c=\"9\" title=\"Download Scripts &amp; Themes &amp; Apps\" target=\"_blank\" rel=\"noopener\">app<\/a>ears to have <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/www.youtube.com\/watch?v=EW2QDxVlpIY\">come<\/a> from a Dec. 10 ask-me-anything (AMA) with Cardano founder Charles Hoskinson, who said he had heard rumors that the case would be settled on Dec. 15. <\/p>\n<p>In the days since, there&#8217;s been plenty of commentary from the community \u2014\u00a0 giving their two cents on what a settlement would mean for Ripple and the wider crypto industry. <\/p>\n<p>In a Dec. 12 <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/social-mediaa\/\" data-internallinksmanager029f6b8e52c=\"1\" title=\"Social Media\" target=\"_blank\" rel=\"noopener\">Twitter<\/a> post, pro-crypto United States congressional candidate January Walker opined that an unfavorable settlement from Ripple would be a \u201closs for the whole world &amp; WEB3,\u201d adding: <\/p>\n<p>\u201cThe world follows the actions of the USA, and how the government handles one of us, sets precedence for how they handle all of us,\u201d she said while calling for the industry to &#8220;work together.&#8221;<\/p>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"en\" dir=\"ltr\">The world follows the actions of the USA, and how the government handles one of us, sets precedence for how they handle all of us. Instead of battling against each other claiming one group is better than another we need to work together for the right legislation.<\/p>\n<p>\u2014 January Walker (@UtahPolitician) <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/UtahPolitician\/status\/1602333120996311041?ref_src=twsrc%5Etfw\">December 12, 2022<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script>David Gokhshtein, the founder of blockchain-focused media company Gokhshtein Media, weighed in as well in a Dec. 10 <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/davidgokhshtein\/status\/1601797866644992002\">post<\/a>\u00a0commenting:\u00a0\u201cWe need Ripple to win this case and not settle,&#8221; which would be a worst-case scenario.\u00a0<\/p>\n<p>\u201cWorse case scenario is Ripple settles, but I don\u2019t know if they\u2019ll provide clarity for the entire industry,\u201d he added. <\/p>\n<p>During the Dec. 10 AMA, Hoskinson also said that a settlement could have \u201ccatastrophic implications for the industry one way or the other.\u201d <\/p>\n<p>\u201cBut you know, you just keep moving forward. Regardless of what happens, it\u2019s a decentralized ecosystem that you guys control.\u201d <\/p>\n<p>Hoskinson later <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/IOHK_Charles\/status\/1601985539715915777\">reiterated<\/a>\u00a0in a Twitter thread that these were only rumors and that he didn\u2019t necessarily believe them to be true.<\/p>\n<p>Meanwhile, crypto attorney Jeremy Hogan, a partner at Hogan &amp; Hogan, says there are several possible outcomes in a Dec. 10 YouTube <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/www.youtube.com\/watch?v=Ok1_xVnRyPE\">video<\/a>, telling his 157,000 subscribers he thinks there is a roughly 50% chance Ripple wins, but a \u201c110.6% chance of something happening shortly.\u201d <\/p>\n<p>The lawyer predicts that if Ripple wins, the most likely reason would be \u201cit 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.\u201d <\/p>\n<p>\u201cThe evidence is clear in the Ripple case that there is no ongoing legal relationship between Ripple and XRP purchasers. There\u2019s just none, and the SEC has failed to address that problem,\u201d he added. <\/p>\n<p>However, he also backed an earlier Nov. 4 <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/FilanLaw\/status\/1588630413353762816\">prediction<\/a> by defense lawyer and former federal prosecutor James Filan that the case will be decided on or before Mar. 31, 2023, calling it a \u201cproclamation from a legal God.\u201d<\/p>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"en\" dir=\"ltr\">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 &#8211; on or before March 31, 2023.<\/p>\n<p>\u2014 James K. Filan  126k (beware of imposters) (@FilanLaw) <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/FilanLaw\/status\/1588630413353762816?ref_src=twsrc%5Etfw\">November 4, 2022<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p><strong><em>Related: <\/em><\/strong><strong><em>Investors increasingly confident of Ripple\u2019s victory over SEC: CoinShares<\/em><\/strong><\/p>\n<p>Ripple CEO Brad Garlinghouse told panelists at the Oct. 11 DC Fintech Week conference that he expects the case against the firm to conclude during the first half of 2023 but admitted that it was hard to predict.<\/p>\n<p>He has previously said Ripple would consider a settlement with the SEC on the condition XRP is not classified as a security.<\/p>\n<p>Cointelegraph has reached out to Ripple for comment but did not receive an immediate response.<\/p>\n<p><template data-name=\"subscription_form\" data-type=\"markets_outlook\"><\/template><\/div>\n<blockquote><p><strong><span style=\"color: #ff6600;\">If you liked the article, do not forget to share it with your friends. Follow us on\u00a0<span style=\"color: #ff0000;\"><a style=\"color: #ff0000;\" href=\"https:\/\/news.google.com\/publications\/CAAqBwgKMLG0nwswvr63Aw\" target=\"_blank\" rel=\"nofollow noopener noreferrer\">Google News<\/a><\/span>\u00a0too, click on the star and choose us from your favorites.<\/span><\/strong><\/p><\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\">For forums sites go to <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/forum.buradabiliyorum.com\/\" target=\"_blank\" rel=\"noopener\">Forum.BuradaBiliyorum.Com<\/a><\/span><\/strong>\n<\/p><\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\"><strong>If you want to read more <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/news\/\" data-internallinksmanager029f6b8e52c=\"2\" title=\"News\" target=\"_blank\" rel=\"noopener\">News<\/a> articles, you can visit our <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/en.buradabiliyorum.com\/general\/\" target=\"_blank\" rel=\"noopener\">General category.<\/a><\/span><\/strong><\/p>\n<\/blockquote>\n<p><span style=\"color: black;\"><a style=\"color: #ff9900;\" href=\"https:\/\/cointelegraph.com\/news\/is-ripple-poised-to-settle-with-sec-this-week-crypto-twitter-weighs-in\" target=\"_blank\" rel=\"noopener\">Source<\/a><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#8221; Is Ripple poised to settle with SEC this week? Crypto Twitter weighs in &#8220; Rumors continue to swirl suggesting the two-year legal battle between Ripple Labs and the United States Securities and Exchange Commission (SEC) may be coming to an end as early as this week, prompting the crypto community to weigh in on&#8230;<\/p>\n","protected":false},"author":1,"featured_media":525962,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"https:\/\/images.cointelegraph.com\/cdn-cgi\/image\/format=auto,onerror=redirect,quality=90,width=1200\/https:\/\/s3.cointelegraph.com\/uploads\/2022-12\/bb943e6f-3391-429f-b0a7-1051c36be656.jpg","fifu_image_alt":"","footnotes":""},"categories":[1],"tags":[74894,74863,75034,74898,75557,55229],"class_list":["post-525961","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-general","tag-blockchain","tag-cryptocurrencies","tag-ripple","tag-sec","tag-xrp","tag-law"],"_links":{"self":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/525961","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/comments?post=525961"}],"version-history":[{"count":0,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/525961\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media\/525962"}],"wp:attachment":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media?parent=525961"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/categories?post=525961"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/tags?post=525961"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}