By April 2022, the lawsuit between Ripple and SEC might be resolved

According to attorney Jeremy Hogan, the Ripple -the U.S. Securities and Exchange Commission (SEC) case is likely to be finalized by April 2022. In response to an XRP user who asked for his honest opinion on when the case could be. the possibility of ending, the lawyer said the possibility that the case will last this summer is quite slim.

Ripple – SEC lawsuit is expected to be over by April 2022

Hogan predicts April as his best estimate for settling the case, citing summer as the worst-case scenario. Ripple CEO Brad Garlinghouse has previously stated that he hopes to close the case by 2022. In late November, Garlinghouse spoke in a CNBC interview about the progress of the lawsuit.

“We’re seeing pretty good progress despite a slow-moving judicial process”, he claims that Ripple is making significant progress in its legal battle with the SEC.

Brad Garlinghouse said he expects the case focusing on XRP to close in 2022. In a December 2020 lawsuit, the SEC alleges that Ripple and its executives Its operator sold $1.3 billion worth of XRP in an unregistered securities offering.

The Ripple case has progressed this year. The court rulings presided over by Court Judge Sarah Netburn have seen both Ripple and the SEC land a number of significant wins. In July, the court authorized the removal of former top SEC official William Hinman.

In a series of tweets on the first anniversary, CEO Brad Garlinghouse revealed that Ripple has managed to achieve its best year to date despite a legal battle with the SEC. Fast-forward to 2022, and expert discovery is expected to end on January 14, as both parties file a motion on January 10 to move it to this point.

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