Rumors of a settlement between XRP and the SEC are once again rampant. The trigger behind it is that the blockchain giant unlocked up to 500 million XRP tokens at one time. This move directly triggered a chain reaction in the market. The price of XRP fell 8% and fell below the important psychological support level of $0.6.

This operation not only exacerbated the volatility of the market, but also once again pushed the legal tug-of-war between XRP and the SEC to the forefront of public opinion. In this protracted legal battle, the SEC demanded an astronomical fine for XRP - up to $1 billion (including interest), while Ripple showed a completely different attitude and offered to seek a settlement at a cost of no more than $10 million. The differences between the two sides can be seen from this.

Many legal experts are pessimistic about this. Well-known lawyer Bill Morgan bluntly pointed out that the possibility of a settlement between Ripple and the SEC is very small. Even if there is a settlement, it is probably a helpless move for both parties to give in, rather than the comprehensive victory that Ripple expects.

Marc Fagel, a former senior legal counsel of the SEC, also expressed a similar view. He believed that the current positions of both parties were too rigid, and the road to reconciliation was full of thorns. It was more likely that the existing legal procedures would continue until the appeal stage.

At the same time, the market and the legal community are also paying close attention to the final ruling date of the case. The verdict, which was originally expected to be announced on July 31, has now been postponed to August, which undoubtedly adds more uncertainty and suspense to this legal drama. It is worth noting that some analysts such as Mickle believe that given that the foundation of the SEC's case is not solid, XRP may be able to find a glimmer of hope in the appeal process and turn the tide.

XRP's legal team obviously did not put all its hopes on the judgment of the outside world. It is revealed that they are carefully preparing a set of appeal strategies based on the differences in different sales models, aiming to obtain a more favorable ruling for XRP through precise legal analysis. This strategy not only reflects XRP's flexibility in the legal battlefield, but also demonstrates its firm belief and unremitting pursuit of its own legitimacy.

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