{"id":38295,"date":"2022-12-16T12:49:41","date_gmt":"2022-12-16T12:49:41","guid":{"rendered":"http:\/\/egrowonline.com\/?p=38295"},"modified":"2022-12-16T12:49:41","modified_gmt":"2022-12-16T12:49:41","slug":"heres-motion-filed-on-much-speculated-settlement","status":"publish","type":"post","link":"http:\/\/egrowonline.com\/?p=38295","title":{"rendered":"Here’s Motion Filed on Much-Speculated Settlement"},"content":{"rendered":"


\n<\/p>\n

\n

Over the weekend, rumors of a possible settlement in the Ripple lawsuit<\/a> began to swirl. Cardano founder Charles Hoskinson<\/a>\u00a0mentioned the rumors, stating that he learned of a possible settlement between Ripple and the SEC on Dec.\u00a015. He predicted that the outcome of the legal battle might have disastrous consequences for the cryptocurrency industry.<\/p>\n

\n

This was the filing in the @Ripple<\/a> case today. https:\/\/t.co\/Xuj6yp35Fh<\/a><\/p>\n

\u2014 Eleanor Terrett (@EleanorTerrett) December 15, 2022<\/a><\/p><\/blockquote>\n

While reports from different angles indicated that the rumors were false, the fact that Ripple did not put out an official report to quell the rumors made some believe that a settlement might be imminent. Members of the XRP community continue to keep their fingers crossed for a positive resolution of the lawsuit. As a result, many people expected the lawsuit to be concluded\u00a0on Dec.\u00a015.<\/p>\n

card<\/a><\/p>\n

David Gokhshtein<\/a>, a crypto enthusiast and founder of Gokhshtein Media, who had followed the case closely, tweeted, “Wasn’t it today that it was rumored that there might be a settlement announcement in the SEC vs. Ripple case?”<\/p>\n

Cardano founder Charles Hoskinson likewise admitted that he might end up with “egg on his face” if there was not any settlement in the lawsuit as rumored.<\/p>\n

Few were surprised by the Dec.\u00a015 filing, which was shared by James K. Filan: that of Attorney Rodrigo Seira, who filed a Motion to Appear Pro Hac Vice on behalf of Amicus Curiae Paradigm Operations LP.<\/p>\n

As explained by Attorney Jeremy Hogan, Paradigm Operations, which\u00a0submitted an amicus brief in support of Ripple, filed the motion for its in-house attorney to take over, which might be a move to save on costs.<\/p>\n

In November, rumors of a settlement first emerged after a chyron flashed during the “Good Morning, Maria” show. This was proven false. Brad Garlinghouse, Ripple’s CEO, gives the grounds on which a settlement might be considered: XRP must be classified as a nonsecurity.<\/p>\n<\/div>\n


\n
Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Over the weekend, rumors of a possible settlement in the Ripple lawsuit began to swirl. Cardano founder Charles Hoskinson\u00a0mentioned the rumors, stating that he learned of a possible settlement between Ripple and the SEC on Dec.\u00a015. He predicted that the outcome of the legal battle might have disastrous consequences for the cryptocurrency industry. This was […]<\/p>\n","protected":false},"author":1,"featured_media":38296,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","enabled":false}}},"categories":[45],"tags":[9663,164,8897,12866,3370],"class_list":["post-38295","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-ripple","tag-filed","tag-heres","tag-motion","tag-muchspeculated","tag-settlement"],"jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"http:\/\/egrowonline.com\/wp-content\/uploads\/2022\/12\/27998.jpg","_links":{"self":[{"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/posts\/38295","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"http:\/\/egrowonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=38295"}],"version-history":[{"count":1,"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/posts\/38295\/revisions"}],"predecessor-version":[{"id":38297,"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/posts\/38295\/revisions\/38297"}],"wp:featuredmedia":[{"embeddable":true,"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/media\/38296"}],"wp:attachment":[{"href":"http:\/\/egrowonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=38295"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/egrowonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=38295"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/egrowonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=38295"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}