Here are 10 important points regarding the ongoing SEC vs. Ripple lawsuit and attorney Jeremy Hogan's analysis of potential outcomes:
1. The SEC vs. Ripple lawsuit has been ongoing for three years, and recent developments include the denial of an interlocutory appeal filed by the SEC.
2. The judge has ordered new trial dates, indicating that the case is far from concluded.
3. Attorney Jeremy Hogan shared his insights on the case through social media, emphasizing that settlement remains the SEC's last resort.
4. Hogan's "Option #3" suggests that the SEC could potentially settle all litigation lawsuits against Ripple and individual defendants.
5. Settlement, in Hogan's view, could allow the SEC to claim a victory and secure a substantial financial settlement from the defendants.
6. Hogan estimates an 18.987% chance of the SEC pursuing a settlement.
7. Hogan also outlines other possible scenarios for the case, with an 81.013% combined chance for these outcomes.
8. One scenario (39.456%) suggests that the SEC will proceed with the trial in April 2024, potentially facing challenges as their case unfolds.
9. Another scenario (32.113%) involves the SEC settling litigations against individual defendants, proceeding with the trial against Ripple, and potentially appealing unfavorable judgments.
10. Ripple XRP's attorney, John Deaton, believes there may not be a further trial due to the judge's prior decisions, a lack of compelling evidence from the SEC, and the potential high costs of a trial.
