Breaking! Ripple and SEC’s Grumpy Legal Tango May Finally End in a Cozy Embrace! 🎉

Today, the jolly folks at the SEC and the cheeky chaps from Ripple strode into the court with a sparkly joint motion! They’ve asked a US Appeals Court to put the brakes on any appealing antics from either party. You see, they’re bending their heads together to finally settle this legal kerfuffle like two old chums having a natter over tea.

Now, don’t get your sugar lumps in a twist! They predict this process could linger on for a delightful 60 days, as everyone unpacks their bags and gets cozy. Meanwhile, the XRP market is behaving as if the resolution is the hottest gossip of the week and is already priced in! Talk about being ahead of the game! 😏

Ripple and The SEC Are in a Settlement Squabble!

Ah, the legendary showdown between the SEC and Ripple has kept crypto junkies on the edge of their seats for quite some time! After months of whispers and eyebrow-raising rumors, the Commission finally tucked away its lawsuit like a grumpy child with a toy they don’t want to share—last month!

Well, hopscotch along, as today’s news suggests that both teams are nearing a cozy resolution. They’ve filed a joint motion to tie up all the pesky loose ends like a snail in its shell:

“The two parties have filed a document to hold the appeal in abeyance because, guess what? They agree to settle! This delightful resolution is now just waiting for the Commission’s nod of approval. Spoiler alert: no briefs will be filed on April 16th!” chirped James Filan, a legal wizard and Ripple devotee who, mind you, isn’t directly twinkling in their legal circus. 🧙‍♂️

Specifically, these pesky loose ends relate to Ripple’s cross-appeal, which popped up like a surprise party last October. With this new joint motion, it appears both parties have successfully reached an “agreement-in-principle”! Fancy that, eh?

These loose ends stretch from SEC’s opening act in the appeal to the already-mentioned cross-appeal, and let’s not forget the myriad claims involving individual characters—a real soap opera! 🍿

Now, here’s the kicker: they both announced they were ready to settle over two weeks ago! But what took them so long to bring this joint motion to the table? One can only imagine them just chatting away, sipping cups of cocoa, and avoiding the matter like a cat avoids a bath.

The price of XRP has been playing it cool, seeming mostly unfazed by the saga of the lawsuit ever since the Commission decided to pack it away. But this latest development? Oh, it seems all wrapped up in the package already!

This merry joint motion also hints at a further 60-day wait. When they finally tie the knot on this settlement, it might just create ripples—or waves!—that could reshape US crypto regulations for years to come.

But based on the way the SEC is frolicking hand-in-hand with Ripple, Coinbase, Kraken, and the rest, a happy ending seems about as likely as a chocolate river in Willy Wonka’s factory! 🍫

2025-04-11 02:01

Ripple and The SEC Are in a Settlement Squabble!

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