Cryptocurrency, and particularly XRP, has been all over the news since the US Securities and Exchange Commission (SEC) and Ripple went to court with the the former accusing Ripple of not providing adequate corporate disclosure when it sold the cryptocurrency. From lawyers to Ripple executives and XRP influencers, the crypto community has been confounded as to when the judge's ruling will be issued. Speculation and rumors have abounded.

Prominent XRP influencer Mr. Huber recently suggested that Judge Torres will issue the summary judgment after her summer vacation in 2024. XRP holders were additionally informed of two 'secret meetings' between Ripple and the SEC officials, yet the rationale for these meetings was not detailed. This has only driven more curiosity as to the judge's final ruling.

The week prior Blockchain Daily reported that on May 8, 2023, SEC and Ripple officials were to meet, however, pro-XRP lawyer John E. Deaton dismissed this rumor. He said such meetings would have been scheduled a week beforehand, and this news unlikely to have been made known to the public.

Many analysts have attempted to pinpoint a date, including James K. Filan who suggested March 31, and Deaton - who predicted that the ruling would come before May 6, 2023. Both of these have already come to pass, failing to provide the exciting outcome that was expected.

Fortunately, Ripple's Chief Executive Brad Garlinghouse previously commented that the decision would be known sometime before the end of the first half of the year. Ripple itself has speculated that the ruling would come by the end of 2023.

Until then, XRP holders must continue biding their time and the crypto world awaits Judge Analisa Torres’ decision with baited breath.



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