🇻🇳 Attorney Jeremy Hogan estimates there is a 40% chance of trial by 2024, a 32% chance of settlement, and a 19% chance of settlement by the end of 2023.
Some believe that the SEC may prolong the regulatory process to maintain instability in the cryptocurrency industry.
Yassin Mobarak suggested that the SEC could withdraw its charges against Ripple to avoid bad publicity.
💡 Potential SEC moves:
- Jeremy Hogan thinks there is about a 40% chance of the SEC proceeding to trial in April 2024 against individual defendants.
- Hogan's second assumption includes a settlement between the supervisory authority and the individual defendants, with a probability of about 32%.
- Hogan also believes that there is a 19% chance of the Commission and Ripple reaching a mutual agreement by the end of December 2023.
⚖️ Can charges be withdrawn?
- Yassin Mobarak believes that the SEC can withdraw all charges against Ripple and CEO Brad Garlinghouse.