XRP Supply Shock Could Be Coming if Ripple Decides To Settle SEC Lawsuit, Says Crypto Legal Expert

XRP Supply Shock Could Be Coming if Ripple Decides To Settle SEC Lawsuit, Says Crypto Legal Expert


A crypto legal expert is predicting that Ripple’s native token XRP may face a supply shock if the San Francisco-based firm settles its lawsuit with the U.S Securities and Exchange Commission (SEC).

In a new video, lawyer and XRP supporter Jeremy Hogan discusses a scenario in which Ripple is able to settle its legal battle with the SEC and how that turn of events could impact XRP.

 

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“I believe that a settlement agreement would likely include Ripple paying a penalty, but a penalty specifically limited to dates pre-lawsuit. A settlement would likely not include disgorgement of profits to purchasers because of the impossibility of figuring out how to disperse the funds. A settlement could also very well contain a term which includes limitations on the sales of XRP released from escrow.” 

Hogan also posits that a settlement would likely include an agreement that would limit the sale of XRP to private sales for companies and clients, shrinking the

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