Ripple unexpectedly unlocked 800 million XRP (worth nearly $500 million) on the X platform earlier this month. It is expected to hold a settlement meeting with the US Securities and Exchange Commission next week. Ashley Prosper, a member of the XRP community, analyzed that the legal dispute between the US Securities and Exchange Commission and Ripple may end in a settlement. The main reasons include: the Second Circuit Court of Appeals rejected the SEC's request to revoke its seizure of illegal gains. It is worth noting that if the buyer did not suffer economic losses, the SEC has no right to recover the stolen money from the seller. In addition, it is unclear which institutional investor suffered economic losses from buying XRP from Ripple.
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It is reported that Ripple plans to hold a settlement meeting with the US SEC next week
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