Ripple vs SEC: 90% Chance of Settlement or Withdrawal by April 16

The legal battle between Ripple and the Securities and Exchange Commission (SEC) is reaching a critical juncture, with the crypto community eagerly awaiting developments before April 16. According to attorney Fred Rispoli, who has been closely following the case, significant events are expected to unfold by this deadline. The possibilities range from a major filing to a bombshell settlement, which could potentially conclude one of the most protracted legal disputes in the crypto industry.

The April 16 deadline is pivotal as it marks the last day for Ripple to submit its appellate brief in response to the SEC's appeal. Rispoli, however, believes there is only a 10% chance that Ripple will actually file the brief. Instead, he suggests a 90% likelihood that Ripple will either announce a settlement or withdraw the appeal entirely. This would avoid another prolonged legal battle and bring a dramatic end to the ongoing litigation.

Ripple's executives have previously hinted at an agreement to resolve the matter, but Rispoli clarifies that no official filing from the SEC confirms this. He speculates that the agreement might involve non-public, written assurances from the SEC, but until the court docket reflects a formal withdrawal or settlement, the situation remains uncertain. This legal chess match continues with no clear final move yet.

Some observers speculate that the delay might be influenced by political timing. One theory suggests that Ripple and the SEC could be waiting for the confirmation of Paul Atkins, a potential new SEC commissioner, to use the moment for public relations purposes. This adds another layer of intrigue, suggesting that the resolution might be more about optics and timing than just legal paperwork. If true, it could indicate a collaborative effort between Ripple and the SEC to quietly resolve the issue, potentially reshaping XRP's status in the U.S. and sending a powerful message to the entire crypto industry.

As April 16 approaches, the crypto world is on edge, awaiting the next move. Whether it results in a surprise settlement, a strategic withdrawal, or an unexpected twist, the outcome will be significant. This date is not just another court deadline; it could be the moment Ripple finally breaks free from the SEC's grip or sets off a fresh legal storm. The players involved remain silent, and the clock is ticking. Whatever happens next, XRP holders will remember this week for its potential to reshape the future of the cryptocurrency.