XRP Lawsuit Nearing The End?

By Vince • December 31, 2021 9:37 am • Comments

XRP investors may have a very happy Easter this year…

According to attorney Jeremy Hogan, he believes that the end is in sight for the Ripple vs S.E.C. lawsuit which has been raging for what seems like an eternity now.

The lawsuit will have ramifications which will ripple through the crypto world as it will set legal precedent for the legitimacy of The S.E.C. to regulate cryptocurrencies and digital assets.

Trending: Ripple Spells Out Penalty Terms To SEC

Currently XRP is delisted from a number of notable mainstream exchanges specifically because of the litigation put forward by The S.E.C., but that may soon be a thing of the past.

Hogan believes that the lawsuit will be over by April of 2022—just in time for the end of tax season.

Tax refunds and other forms of surplus checks have traditionally led to greater inflows into the crypto markets, so perhaps the end of the lawsuit coupled with this inflow behavior will have a profoundly positive impact on the price action of XRP.

Here’s what we currently know:

U Today tells us:

Brad Garlinghouse said he expects the case, which centers on XRP, the eighth-largest cryptocurrency, to conclude in 2022. In a December 2020 lawsuit, the SEC alleged that Ripple and its executives sold $1.3 billion worth of XRP in an unregistered securities offering.

Digital perspectives had this to say about the status of the lawsuit, and other XRP related news:

 

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