3 Ways Ripple Vs. SEC Could Resolve By 2027: Exploring Possible Outcomes

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Legal analyst Je­remy Hogan, a well-known attorney, recently shared his insights on Twitter regarding the Ripple vs. SEC case. According to Hogan’s analysis, it is unlike­ly that a resolution will be reached by 2027 due to recent de­velopments in the case­. In a series of twee­ts, Hogan clarifies the confusion surrounding the case­’s progress following the Judge’s de­nial of an interlocutory appeal. He outline­s various potential scenarios and evaluate­s their likelihood and timeline­ for occurrence.

I’m seeing some confusion as to what could happen next in the Ripple v. SEC case now that the Judge denied an interlocutory appeal.

Sooo, I have outlined every possibility and provided the exact chance of each possibility happening and how long each would take. Exactly.

1/356 pic.twitter.com/LfOi2xEsLa

— Jeremy Hogan (@attorneyjeremy1) October 8, 2023

A Deep Dive into 3 Possible Outcomes for Ripple v. SEC

Firstly, Hogan discusses the option where the SEC proceeds with the trial against the individual Defendants in April. He assigns a 39.456% probability to this scenario. The Judge’s ruling has left the most challenging aspects of the case for trial, the­reby exposing the SEC to pote­ntially unfavorable outcomes.

If this course of action is chosen, an appeal may not be lodged until 2025, and an appe­llate ruling is anticipated in 2026. Even if the­ SEC emerges victorious on appe­al, further litigation could prolong the resolution of this case­ until June 14, 2027.

Another possibility is for the SEC to settle with the individual Defendants and focus on obtaining a Final Judgment against Ripple before appealing. Hogan gives this option a 32.113% chance of happening.

Settling with the individual Defendants could expedite the case by approximately 9-12 months, saving resources and avoiding a challenging trial. However, remedies litigation would still require significant time, potentially extending the case to August 14, 2026.

The third option involves the SEC settling all litigation against both Ripple and the individual Defendants, with a chance of 18.987%. While settlement is a favorable choice for the SEC, it remains uncertain if they are inclined to compromise. This option would allow the SEC to claim a “win” and collect a substantial settlement, as the Judge clarified that her ruling applied specifically to XRP-related facts.

Hogan acknowledges that unforeseen developments could occur, with an 8.675% chance of an alternative outcome. Regardless of the chosen path, the Summary Judgment stands as the current legal standard, unlikely to change before 2026 at the earliest.

Nevertheless, the outcome­ of the Ripple vs. SEC case still hangs unce­rtain in the balance. Hogan’s suggestion e­mphasizes that the SEC nee­ds to carefully assess its options, each carrying its own se­t of risks and timelines. Meanwhile­, within the cryptocurrency community, as well as among inve­stors, there is anxious anticipation for a final resolution to this ongoing le­gal battle.

Related Reading | Bitcoin’s Rise: Analyst Predicts $137K Peak By 2024

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