As the Ripple SEC case nears a critical juncture, legal expert Fred Rispoli has revealed a crucial date for the upcoming developments in the case. The crypto community is eagerly awaiting the settlement of the XRP lawsuit, and Rispoli believes that the case’s outcome could be determined by potential developments that may arise. According to Rispoli, the Ripple lawsuit will reach a significant milestone on April 16, 2025, which is the scheduled date for Ripple’s appellate brief.
Rispoli predicts that the upcoming filing of Ripple’s appellate brief on April 16 could be a significant development in the Ripple SEC case. This moment could shed new light on the case and potentially influence its outcome. The lawyer also emphasized that there is no possibility of an extension for Ripple’s appellate brief, making April 16 a critical deadline for the case. Ripple is expected to choose between filing its brief as scheduled or issuing a notice indicating a settlement or withdrawal from the appeal, which could have significant implications for the case.
Rispoli presents a binary choice for Ripple on April 16, with the options being Ripple filing its appellate brief with a 10% chance and the case’s settlement or withdrawal notice with a 90% likelihood. The high probability of a resolution, as assessed by the lawyer, highlights the potential for a significant development in the case. Despite reports of the US SEC dropping its appeal and Ripple withdrawing its cross-appeal, the final resolution of the case remains uncertain, leading to multiple interpretations and widespread anxiety within the community.
Previously, Rispoli had suggested that the Ripple SEC case is likely to end within two months; however, a mysterious filing that recently surfaced has added further ambiguity to the case’s conclusion. The XRP lawsuit settlement discussions continue to prevail, and the anticipation for the case’s resolution remains high within the community. As the crypto world watches closely for the developments on April 16, the potential settlement or withdrawal from the appeal could bring the Ripple SEC case to a significant turning point, shaping the future of the XRP lawsuit.
