Analysis: US SEC's legal dispute with Ripple may be resolved by April or May
According to a report by Golden Finance, Ripple CEO Brad Garlinghouse has expressed a strong desire o work with the new leadership of the SEC, sparking speculation in the industry that the lawsuit between the SEC and Ripple may be dismissed or settled. Legal analyst Jeremy Hogan said the case could be resolved by April or May, but procedural requirements could extend the time frame. Under the current government leadership, the SEC is expected to make its final effort before the leadership change. As the deadline for submitting pleadings is January 15th, the agency may try to influence the direction of the case. However, industry insiders expect the incoming pro-cryptocurrency leadership to create a more favorable environment for Ripple, and a positive outcome could pave the way for the approval of the XRP ETF.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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