Ripple vs. SEC: Hogan Predicts Settlement by April or May

The ongoing legal battle between Ripple and the U.S. Securities and Exchange Commission (SEC) has been a subject of intense scrutiny in the crypto industry. As the case progresses, legal experts have begun to weigh in on the potential timelines for a resolution. Jeremy Hogan, a legal expert, has predicted that the saga could conclude in the first half of this year, following the SEC's agreement to end its lawsuit against Coinbase.

In an X post, Hogan suggested that a settlement in the Ripple vs. SEC case could occur as early as April or May. However, he acknowledged that an earlier resolution could be possible, given the SEC's recent decision to drop its two-year legal battle against Coinbase. The Coinbase case was dismissed with prejudice, indicating that the SEC cannot refile the case. This unilateral move by the Commission suggests that it may not be waiting for the confirmation of SEC Chair nominee Paul Atkins before making significant changes in its crypto-related cases.

Hogan's prediction aligns with the views of former SEC official John Reed Stark, who also believes that the Commission could soon drop the lawsuit against Ripple. The SEC's recent agreement with Binance to pause legal proceedings for 60 days further underscores the new administration's willingness to create a regulatory-friendly environment for the crypto industry.

Ripple CEO Brad Garlinghouse has expressed optimism about the Commission's interest in moving away from the previous administration's failed regulation and enforcement policies. However, some experts, such as Sherrie, have suggested that a Ripple vs. SEC settlement may not be as straightforward as the Coinbase case. The existing ruling by Judge Analisa Torres, which imposed a $125 million penalty on Ripple, adds complexity to the situation.

Sherrie has outlined a scenario in which Ripple and the SEC seek a penalty reduction order from Judge Torres. This could involve both parties dropping their appeal and cross-appeal and proceeding back to the district court. While the outcome of the case remains uncertain, the crypto industry eagerly awaits a resolution to this high-profile legal saga.