XRP Scandalous Settlement: Ripple and the SEC Gossip Reaches Fever Pitch! 🚨😲

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Rarely does one witness such a spectacle as the ongoing altercation betwixt Ripple and that ever-dignified body, the SEC. At last, it appears the curtain may soon fall, for both parties have—astonishingly!—decided to put aside their tiresome appeals in favour of that most genteel solution, the settlement talk. The local gossips whisper that the soon-to-be crowned SEC debonair, Mr. Paul Atkins, might, in a fit of generosity (or perhaps exhaustion), toss the entire case out the carriage window. Shocking, indeed!

According to the latest proclamation from the legal ballroom on April 10th, Ripple need not burden itself with responding to the SEC’s brief by April 16th. How efficiently they have agreed to conserve their energies! No doubt, the drawing rooms are all abuzz with this sudden civility over tea and scones.

One Mr. John Squire, who forever seems to have his gaze fixed upon the crypto universe, posted a most detailed epistle on X regarding the possible denouement of this saga, and perhaps the SEC’s resolve is faltering faster than one can misplace a bonnet. 

The joint request by Ripple and the SEC to pause appeal proceedings is far from a routine legal step. It’s a calculated move that, when combined with unusual whale activity and renewed institutional wallet movements, points to high level negotiations happening behind closed…

— John Squire (@TheCryptoSquire) April 15, 2025

According to Mr. Squire (who, between you and me, handles speculation with the delicacy of a Regency matchmaker), this move is neither common nor accidental. With the mysterious maneuvers of digital whales and bustling institutional wallets, one expects clandestine negotiations—no doubt as thrilling as an elopement! Should a settlement be reached, do not faint, for it may open a path to an XRP ETF and deliver Ripple from its regulatory purgatory.

He declares, with a flourish, that a settlement could ignite fervent interest from gentlemen and institutions who have, hitherto, feigned indifference, pretending—like so many at a country dance—not to care. It seems this day, April 16th (mark your dance cards!), may be entered into the annals of XRP history, assuming anyone remembers anything about cryptocurrency by then.

“When institutions start positioning ahead of time, it’s because they know what’s coming. And what’s coming might be one of the most important validations the crypto space has seen in a long time,” he remarked. 

Should even half of these portents come to pass, prepare yourself for an XRP rally, the likes of which have not been seen since Mrs. Bennet heard of Mr. Bingley’s arrival. The many XRP ETF filings may finally enjoy their day in polite company. 

In a previous tĂŞte-Ă -tĂŞte, Mr. Brad Garlinghouse, that ever-optimistic Ripple CEO, hinted broadly in March that the curtain was soon to fall. Now, with Mr. Atkins set to seize the SEC’s highest seat (after the Senate’s not-so-dramatic approval on April 9), perhaps the tide is truly turning—one mustn’t faint, even if it’s all a bit much for a Tuesday.

Furthermore, the legal oracle Mr. Fred Rispoli has cast his predictions upon the cryptographic winds: either a dramatic settlement or withdrawal looms on April 16th, with nary a ten percent chance for more tedious court filings. A blue moon is more likely than Ripple seeking an extension, according to him. Draw your own conclusions, but do not be surprised if a flurry of news disrupts your afternoon tea.

On SEC v. Ripple, expect to see something happen on or before next Wednesday, 4/16, the due date for @ripple’s appellate brief. Ripple cannot get an extension and either has to file it (10%) or there will be a notice of settlement/withdrawal (90%).

— Fred Rispoli (@freddyriz) April 9, 2025

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2025-04-16 08:53