The U.S. Securities and Exchange Commission (SEC) is delaying the dismissal of its case against Ripple, and lawyer James Murphy has proposed a theory as to why. Murphy suggests that Ripple may be negotiating with the SEC to vacate certain decisions made by Judge Torres in the case. While the rulings were positive for XRP holders, Ripple may have concerns about aspects such as findings of securities law violations and injunctions. Murphy speculates that Ripple could be negotiating for a better deal than a settlement in which both parties withdraw their appeals and Ripple pays the $125 million penalty. However, Murphy notes that even if Ripple and the SEC reach an agreement, it is not guaranteed to be approved by a judge. This adds complexity to the ongoing legal battle and leaves Ripple's long-term regulatory strategy uncertain.



Other News from Today