SEC vs. Ripple is a well-known dispute that has been going on for more than two years. The SEC charged Ripple with marketing XRP as a security, burdening XRP’s potential for long-term price growth.
It is one of the most well-known court battles in the history of cryptocurrencies and a crucial development for industry regulatory worries. A crucial summary decision in the case of Ripple v. SEC is imminent, and fresh developments could change the outcome.
Also read: How to Stake XRP?
Ripple CEO Brad Garlinghouse recently spoke about the lawsuit at a Dubai fintech summit.
Ripple CEO says the dispute may come to an end soon
Garlinghouse mentioned that the case has been dragging on for over 2.5 years and stated that it has been frustrating and slow. He mentioned that we are almost at the end of the journey.
Garlinghouse also shared his anticipation that the lawsuit might come to a conclusion in the next two to six months. He also shared his optimism that it would end before the third quarter.
The statement has definitely sparked a debate on when the lawsuit could conclude. Prominent crypto lawyer Bill Morgan also commented on his prediction. Morgan stated that 2–6 months is likely to be accurate, but it could be next month.