Ripple and SEC Near Settlement in XRP Case

The Ripple vs. SEC lawsuit appears to be nearing its conclusion after a prolonged four-year legal battle, with Ripple CEO Brad Garlinghouse confirming settlement discussions. Both parties have filed a joint motion to pause the appeal, pending SEC approval. The SEC has opposed a request from non-party Justin W. Keener to present 'decisive evidence,' arguing it lacks jurisdiction and is unnecessary as Ripple can decide the relevance of such evidence. The settlement negotiations could be influenced by recent leadership changes at the SEC, with expectations for a final decision by April 16. Attorney Fred Rispoli suggests a high likelihood of settlement, though no official SEC confirmation has been made. The SEC's upcoming closed-door meeting is seen as pivotal, potentially leading to the withdrawal of their appeal regarding Ripple's XRP sales.