The post No Settlement in Ripple vs SEC Lawsuit? Expert Bill Morgan Busts the Hype appeared first on Coinpedia Fintech News

As the legal battle between Ripple and the SEC continues, recent discussions and social media buzz about a potential settlement have intensified. Bill Morgan, a prominent figure in the crypto legal community, is challenging the excitement surrounding this potential resolution.

What does he have to say? Let’s explore it all.

A Big Change is Coming?

In an X post, Mario Nawfal’s Roundtable recently highlighted comments from Ripple CEO Brad Garlinghouse, who hinted at a significant development in the ongoing legal clash with the SEC. Garlinghouse suggested that a “showdown” might be on the horizon, sparking excitement about a possible settlement or major resolution.

This has led to speculation about potential breakthroughs, such as an XRP ETF or even an IPO by 2025.

Here’s the Reality Check!

Bill Morgan, however, dismisses the excitement as “contradictory nonsense.” He argues that if there is a settlement meeting, it means the legal battle has already been resolved in court. According to Morgan, a settlement is not the same as a dramatic “showdown.”

Instead, it involves compromises from both parties. For Morgan, a settlement would mean both Ripple and the SEC would give up something, not necessarily a major win for either side.

What to Expect Next

Morgan anticipates a ruling on penalties and injunctions by July 31st or early August. He explains that settlements usually resolve disputes, including appeal rights, which could be an important issue. The focus should be on both the current case and Ripple’s XRP sales after December 2020, as well as any potential future sales. The true impact of a settlement might be broader than what is currently being discussed.

Marc Fagel, a former SEC official, has also weighed in on the discussion. He clarifies that if a settlement were being considered, it would likely not be discussed in closed-door meetings, which are meant for procedural or case-management issues. Fagel criticizes the spread of rumors and emphasizes the need for an accurate understanding of legal procedures.

The Impact is Wider Than You Think

The Ripple-SEC case has major implications for the cryptocurrency industry. As traders, investors, and industry insiders closely watch the situation, the anticipation of a resolution—whether through a settlement or a courtroom decision—remains high. While Garlinghouse’s optimism has stirred excitement, Morgan and Fagel’s cautious views remind us of the complexities and potential compromises involved.

What do you think will be the ultimate outcome of the Ripple-SEC case? Share your predictions.

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