Ripple vs. SEC comparison? Former SEC director doubts this and says the decision could come in a few days

Ripple vs. SEC comparison? Former SEC director doubts this and says the decision could come in a few days

It appears that the case between the US Securities and Exchange Commission (SEC) could soon be headed to court.

Former director of the SEC's San Francisco office, Marc Fagel, speculated on Twitter about the matter and said he believed a decision could come in a few days.

Will the SEC agree to this? Ripple?

After For Fagel, an “agreement would not be a precedent.” However, he also argued that if there is an agreement, “it looks like it has already happened.” He mentioned that settlements on the eve of trial are also not uncommon, but the impact of an injunction on future XRP sales appears to be a sticking point.

In addition, he also said that his “guess is that a verdict will be reached within a few days.” Fagel mentioned that even if he is wrong, there is currently no reason to believe that the delay in this case was due to anything “beyond the complexity of the case.”

My only point of reference is the recent unsealing order; That suggested to me that the court had already decided what the sentence would be. […] I think that the fact that she (Judge Torres) is unsealing materials that, if relevant at all, only come to light in court and not at SJ (i.e. the speech materials) suggests that at least some of it is before the court; Beyond that is speculation.

The unsealed Hinman speech

Fagel's unsealing of documents refers to the recent development in the Ripple v. SEC case, when Judge Analisa Torres released the Hinman speech to the public.

AsCryptoPotatoreports, Ripple's chief legal office demanded that it be removed from the SEC's website and never again used in discussions about whether an asset is a security.

The speech was central to the commission's legal efforts because it claimed that the 2013 sale of

.