Ripple’s legal battle with the US Securities and Exchange Commission (SEC) is nearing its end, with a settlement on the horizon. The SEC filed a lawsuit against Ripple Labs in 2020, claiming that its XRP token is an unregistered security. While Ripple secured a partial victory in court, the case is still ongoing as the classification of early sales of XRP to institutional investors is yet to be determined. Industry experts believe that Ripple has a 50-50 chance of success and that a settlement is the next step. Prominent lawyer and XRP supporter, John E. Deaton, believes that a settlement of $20 million or less would be a significant win for Ripple. The outcome of this legal battle will have implications for the entire crypto industry, as it will provide clarity on how the SEC determines if a digital asset qualifies as a security. Currently, XRP is the only crypto with regulatory clearance in the US.

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Information	Details
Geography	North America
Countries
Sentiment	neutral
Relevance Score	1
People	Brad Garlinghouse, Chris Larsen, John E. Deaton
Companies	XRP, SafeMoon, US Department Of Justice, Ripple Labs, US Securities and Exchange Commission (SEC)
Currencies	XRP
Securities	None