In a possible turning point in the lawsuit XRP, journalist Fox Business Eleanor Terrett announced on Wednesday that the American Commission of Securities and Stock Exchange (SEC) and Ripple may soon reach an agreement. “Two well -placed sources tell me that the SEC vs. case Ripple […] It may end soon, “Terrett revealed, adding that” the delay in reaching the agreement results from the Ripple legal team negotiating more favorable conditions regarding the decision of the Suira District Court. “

This ruling hit a fine of $ 125 million and forbade its sale XRP to institutional investors. Sources of Terretta suggest that the Ripple team is repelled, insisting that if the fresh SEC leadership is aimed at “cleaning the enforcement board” for previously targeted cryptographic companies, Ripple should not be a judgment that can no longer reflect the agency’s position. Terrett noticed that “there is no real textbook”, emphasizing how this unique scenario can “last longer than the rest.”

Uncomplicated way to the end of the XRP claim

Pro-XRP Attney Fred Rispolii is fighting Through X, the solution to the dispute over the judgment should be relatively plain – if SEC is prone. “I just don’t see that this is a big problem that some people do it,” he noted, calling this unconventional but not very complicated process.

According to Rispoli, there are many ways in which agencies and ripple can neutralize the decision of Judge Torres. He emphasized: “Sec and Ripple can submit a request to leave the judgment – the purest way to get rid of them. By telling the court “considering the potential loss of all our cryptocurrency jurisdiction, if we lose their appeal, we agree to leave the judgment in exchange for ripple by abandoning the appeal.” Torres will not guess. “

He also noticed that even without a formal leaving the order, the SEC may prepare a contract stating that he would not enforce the judgment for the same consideration. “Sec doesn’t even have to leave the order. He can simply develop a contract with Ripple that he will not enforce the sentence for the same consideration, “said Rispoli.

Referring to the broad freedom to recognize the agency as part of the execution textbook, which routinely recommends the resolution of an uncertain court dispute, Rispoli added: “The SEC enforcement textbook has all kinds of general, unclear language that recommends cooperation and accounting for uncertainty related to court proceedings […] But even if this is not the case, who cares? This is not a good thing, but SEC (and most other. GOV agencies) proved that he does what he wants when he wants, regardless of the proper process. Here it works in favor of justice. “

Despite Rispoli’s optimism, some community members are worried about the potential revival of more severely enforcing the law under various management. One user on the social media platform x asked the question: “And if, say, in 4 years, we will return to the gensler style, and Sec is trying to enforce the order?”

Rispoli replied: “This is the only fear … but he can be destroyed with a replacing agreement between Sec and Ripple. And if your scenario occurs, the crypto has already lost and many more people than just ripple would worry. “

Can the court decision really be replaced?

The second point of dispute is whether SEC may successfully abolished the District Court’s decision through the negotiated settlement. Critics say that administrative agencies should not be able to replace final judgments.

However, Rispoli had a precedent with the participation of Citigroup. He pointed to SEC against Citigroup Global Markets, Inc., 673 F.3D 158 (2D CIR

“It happened earlier,” he noted, emphasizing that the courts often give significant respect for the decrees of consent and settlement agreements proposed by SEC and its enforcement goals. In this case, the second circuit stated that the District Court made a mistake without postponing the SEC judgment when accepting a settlement.

During the press, the XRP traded USD 2.21.