Ripple and the SEC recently asked the judge presiding over their lawsuit to schedule a date in January 2023 by which time interested parties could submit their support or opposing briefs.
The parties want to make January 18 the deadline for opposing non-party sealing applications, which has also been verified by legal expert James K. Filan.
A number of legal experts have previously stated that the current circumstances of this case demonstrate that the two sides may settle the lawsuit at any time.
However, a major crypto participant has been heavily criticized recently for apparently spreading rumors. Here’s the juice.
Charles Hoskinson’s “Rumors”
Charles Hoskinson, the founder of Global and Cardano, revealed in an unexpected Ask Me Anything (AMA) session on Saturday that he had heard reports of a Ripple settlement with the Securities and Exchange Commission on December 15.
Hoskinson stated, “I’ve heard speculations that the Ripple case would be resolved on December 15 and we’ll just have to wait and watch, which might have disastrous repercussions for the sector.”
On the other hand, Eleanor Terrett, a reporter for FOX Business, tweeted, “It’s not true,” in response to these allegations. The reporter confirmed in a different tweet that there is no validity to the story, according to persons familiar with the situation.
Source: https://coinpedia.org/news/ripple-vs-sec-lawsuit-nearing-finale-decoding-the-possible-outcomes/