Attorney Jeremy Hogan believes a private settlement between the U.S Securities and Exchange Commission and Ripple could end the legal battle, eliminate the appeals process, prevent further delays, and provide XRP with the regulatory clarity it requires.
The rumors intensified after well-known cryptocurrency influencer X Finance Bull referred to Hogan’s disclosure as a “bombshell” for XRP.
According to X Finance Bull, such a settlement would allow Ripple to move forward legally, give institutions the confidence to deal with XRP and usher in a new era for digital assets.