Ripple SEC Lawsuit Settlement Incoming With Hinman Docs Delay?

Ripple XRP Lawsuit: The Court’s recent order denying the SEC’s request to seal the Hinman documents itself sparked a debate in crypto market.

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Settlement Possibility

In the joint letter to Judge Analisa Torres, the two parties sought to file the documents by June 13, 2023. However, John Deaton, the attorney representing over 70,000 XRP token holders in the lawsuit, said there was no truth to rumors that the SEC was going to settle with the company. He said the SEC, under Chair Gary Gensler, is moving forward full steam in the fight against crypto businesses. Overall, Deaton ruled out the possibility of settlement.