Expert Gives Ripple The ‘Royal Flush’ In Potential Settlement With SEC – Here’s Why
The post Expert Gives Ripple The ‘Royal Flush’ In Potential Settlement With SEC – Here’s Why appeared on BitcoinEthereumNews.com. Investment expert and seasoned author Linda P. Jones recently weighed in on the ongoing legal showdown between Ripple and the United States Securities and Exchange Commission. The financial analyst provided an insight into what will likely go down if the payment company and the SEC meet at the negotiation table. Talks of a potential settlement between Ripple and the SEC started cropping up after the financial regulator dropped the charges against executives Brad Garlinghouse and Chris Larsen, marking another victory for the company behind the XRP token. Reason Why Ripple Has Upper Hand In Settlement: Linda P. Jones In a post on the X (formerly Twitter) platform, Linda P. Jones implied that Ripple has the upper hand if they sit to negotiate with the SEC. This came as a response to a breakdown from Fred Rispoli, a lawyer and vocal XRP supporter. I agree, however I think Ripple has a royal flush, meaning they aren’t negotiating and can literally name their terms. Due to exposure of the Hinman emails, the SEC has zero bargaining power. Ripple can 100% name their terms in the “settlement.” https://t.co/56mPtob0AZ — Linda P. Jones (@LindaPJones) October 20, 2023 Following the dismissal by the SEC on Thursday, October 19, Fred Rispoli speculated that the SEC is most likely considering a “final settlement” with Ripple. “While the letter states the parties are conferring on a remedies briefing schedule, my guess is settlement amounts are flying back and forth between the lawyers as I type,” Rispoli added. While agreeing with Rispoli’s stance, Jones added that Ripple has a “royal flush”. According to the seasoned author, this means that the payment company won’t be negotiating, as they “can literally name their terms.” Furthermore, Jones highlighted in her post the exposure of the Hinman emails and how it takes the…
The post Expert Gives Ripple The ‘Royal Flush’ In Potential Settlement With SEC – Here’s Why appeared on BitcoinEthereumNews.com.
Investment expert and seasoned author Linda P. Jones recently weighed in on the ongoing legal showdown between Ripple and the United States Securities and Exchange Commission. The financial analyst provided an insight into what will likely go down if the payment company and the SEC meet at the negotiation table. Talks of a potential settlement between Ripple and the SEC started cropping up after the financial regulator dropped the charges against executives Brad Garlinghouse and Chris Larsen, marking another victory for the company behind the XRP token. Reason Why Ripple Has Upper Hand In Settlement: Linda P. Jones In a post on the X (formerly Twitter) platform, Linda P. Jones implied that Ripple has the upper hand if they sit to negotiate with the SEC. This came as a response to a breakdown from Fred Rispoli, a lawyer and vocal XRP supporter. I agree, however I think Ripple has a royal flush, meaning they aren’t negotiating and can literally name their terms. Due to exposure of the Hinman emails, the SEC has zero bargaining power. Ripple can 100% name their terms in the “settlement.” https://t.co/56mPtob0AZ — Linda P. Jones (@LindaPJones) October 20, 2023 Following the dismissal by the SEC on Thursday, October 19, Fred Rispoli speculated that the SEC is most likely considering a “final settlement” with Ripple. “While the letter states the parties are conferring on a remedies briefing schedule, my guess is settlement amounts are flying back and forth between the lawyers as I type,” Rispoli added. While agreeing with Rispoli’s stance, Jones added that Ripple has a “royal flush”. According to the seasoned author, this means that the payment company won’t be negotiating, as they “can literally name their terms.” Furthermore, Jones highlighted in her post the exposure of the Hinman emails and how it takes the…
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