Was there a confidential agreement in the sec./.ripple case? What is known so far

• An agreement in the Sec./.ripple case would finally create legal certainty for Ripple and the XRP investors and probably open the locks for a significant capital supply.
• And there would probably be a precedent in a fundamental question, which would have a preventive effect, so that similar cases will be clarified in the future.

Speculations before April 16 are increasing. Until then, a letter must have been received by the court on the grounds of the application for appeal against the judgment made in the sec./.ripple case. But have the Sec and Ripple aged in secret? The legal dispute between Ripple and the SEC stock market supervision has been pending since December 2020 and has proven to be a block on the leg for the entire crypto industry.

The SEC accused Ripple of having launched unregistered securities by selling XRP token. This led to the lawsuit, which in turn led to the procedure that has been going on for over 50 months, in which there is a first instance judgment and currently an application for an appeal. Its justification period expires on April 16.

Recent developments and the rumor mill

In August 2024, the court spoke that Ripple had to pay a penalty of $ 125 million for the violation of federal securities laws in connection with its institutional sales of XRP. The punishment was significantly lower than the $ 2 billion required by the SEC. The SEC therefore made an appeal against the decision.

Rumors are now circulating that there is an agreement between the parties. It is intended to consist that the SEC lets the justification period for your calling without providing the reason. This would result in the rejection of the application for appeal, and the judgment made in 2024 could become final. Ripple would then pay the $ 125 million punishment – probably from the postage of the postage – and the cause would be over.

Effects on Ripple and the crypto industry

Such an agreement between Ripple and the SEC could have a significant impact on the crypto industry. It would create the urgently needed legal certainty for XRP, which would promote its integration into different financial systems.

Market reaction and future prospects

The ongoing legal developments have contributed to the volatility of the XRP course. The XRP course has increased by 2.93 % in the past few days, while it has dropped by 8.27 % last week.