Altcoins News

Story: Ripple Delaying XRP Settlement Over IPO Plans

By Steven Anderson

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The ongoing XRP lawsuit has captured the attention of the cryptocurrency community, with various legal experts providing differing opinions about the cause of the prolonged…

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Murphy, a well-known legal analyst, believes Ripple is deliberately prolonging the lawsuit in an attempt to secure a more favorable outcome for itself.

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Murphy notes that the SEC appears to be open to a resolution in which both parties dismiss their appeals, and Ripple pays the $125 million penalty imposed on it.

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Contrasting with Murphy’s stance, Fred Rispoli, another legal expert, argues that the SEC, not Ripple, is the party responsible for the delay.

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Rispoli’s analysis is based on his previous statements regarding the potential dismissal of the case, similar to how other major cases, including one involving Coinbase, were…

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While there is a clear divergence in the legal experts' views, both Murphy and Rispoli agree that the case is complex and has the potential for a drawn-out resolution.

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