Speculation about a possible settlement between Ripple and the SEC intensified after the agency's closed meeting on July 25.

- Ripple CEO Brad Garlinghouse and lawyers suggest that a settlement could happen soon as the regulator reduced the amount of the fine.

- The SEC initially demanded $2 billion, but recently reduced the amount to $102.6 million.

- Lawyers Fred Rispoli and Jeremy Hogan expect a settlement by the end of the summer.

- Garlinghouse noted that the process could be completed “very soon,” but the exact date is unknown.