Ripple Case Update: Settlement Expected as Appellate Process Hangs In Balance

A legal expert has clarified the timeline for the Ripple vs. SEC case, predicting a settlement within the coming days. Attorney Fred Rispoli, who addressed concerns about the upcoming April 16 deadline, highlighted that Ripple faces an ultimatum – either file their appeal or initiate a settlement agreement with the SEC, leading to a potential pause in legal proceedings. Rispoli notes that only a 10% chance of a formal appeal makes this scenario more likely. He clarifies that both courts (District Court and the Appeals Court) must resolve the case through either settlement or withdrawal before any changes can be made. This means legal briefs will likely be paused until the appeals are settled, potentially allowing for a joint motion to be filed soon.