Ripple lawsuit settlement: BitBoy and former SEC lawyers share key insights
BitBoy's #Cryptocurrency Division discusses an unconfirmed allegation of negotiations between #Ripple and the SEC during a recent SEC meeting.
Mark Fagel believes that the latest Ripple settlement rumors are more plausible than previous speculation.
Gensler's departure in 2025/1 gives hope for the resolution of the Ripple case.
the #XRP community is excited about new rumors about the possibility of an "emergency settlement" of the current Ripple lawsuit. This speculation gained momentum after SEC Chairman Gary Gensler announced his retirement in 2025 at 1.20.
cryptocurrency specialist Ben Armstrong, better known as Bitboy, recently shared his thoughts on the rumors that the SEC may settle the Ripple case behind closed doors. In his YouTube video, BitBoy acknowledged the existence of the speculation but admitted that he was unable to verify the claims and promised to look into them further.
But the rumors stemmed from a closed-door SEC meeting where the current case is being reviewed and an injunction is being discussed. Interestingly, the SEC held such a meeting on December 21, and on the same day, Gensler announced his resignation.
the idea of a settlement attracted a lot of attention, and the price of XRP skyrocketed by almost 200%, bringing the price of XRP to $1.6 in the past few days.
In addition, Mark Fagel, a former lawyer at the US Securities and Exchange Commission, shared his perspective on the situation. He explained that while many previous reports about Ripple's settlement talks have proven false, the latest rumors seemed more plausible.
the past 2 weeks, the cryptocurrency has risen by 170%.
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