Ripple and SEC ordered to consider settlement in landmark case XRP RippleLabs SEC
- Following last week's summary judgment on portions of the case, the judge presiding over the Securities and Exchange Commission’s lawsuit against Ripple Labs has ordered both parties to determine three mutually convenient dates for a potential settlement conference.
The call for a settlement conclave was recommended “In light of Judge Torres’s recent decisions on the parties’ cross-motions for summary judgment,” Netburn wrote. While a settlement conference can potentially lead to a mutually agreed-upon compromise, it is important to note that the judge’s suggestion does not guarantee an imminent resolution to the case. The parties must first decide if they believe a settlement conference would be productive at this stage.
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