Ripple Lawsuit: Settlement Expected This Week, Says Legal Expert

Legal experts predict a significant development in the Ripple vs. SEC lawsuit within days. Attorney Fred Rispoli, who closely follows the case, states that there’s an expectation of a resolution by next Wednesday, April 16th. The reason? Ripple needs to file its appeal brief on this day, and it has only a 10% chance of needing to do so. He predicts that a settlement or withdrawal from the SEC’s appeal is much more likely, estimating it at 90%. This would leave Ripple facing just a $50 million payment to close the case.