As the SEC v. Ripple lawsuit takes dramatic turns, Wall Street veteran and financial analyst Linda P. Jones declares that Ripple isn’t just on the table for negotiation—they’re defining the terms of it. This assertion comes after a series of favourable rulings for Ripple and echoes the speculations within the crypto community that the case is heading towards a settlement.
Linda P. Jones weighed into the discussion, emphasizing that Ripple’s recent legal victory amounted to a “royal flush.” According to Jones, Ripple is not just negotiating with the SEC but is in a position where they can unilaterally define the terms of a potential settlement. This perspective arises in part due to the SEC’s voluntary withdrawal of charges against Ripple executives Bradley Garlinghouse and Chris Larsen, dramatically changing the power dynamics.
Jones attributes Ripple’s newly acquired bargaining power to the public exposure of the Hinman docs—drafts of William Hinman’s 2018 speech declaring BTC and ETH as non-securities. This revelation seems to have left the SEC at a severe disadvantage, stripping it of any bargaining power it might have had.
The SEC’s case against Ripple has been filled with setbacks. The regulatory body had to surrender the Hinman documents, faced denial for an interlocutory appeal, and most recently, voluntarily dropped charges against Ripple’s leading executives. These developments have solidified Ripple’s position, aligning with Jones’ sentiment that Ripple can dictate how this saga concludes.
As it stands, the SEC is left with two routes—either to appeal the case to the Second Circuit or agree on a settlement. According to Jones, and supported by the legal community at large, the chances of the SEC choosing the latter have exponentially increased.
Jones’ insights not only underline the shifts within the SEC v. Ripple case but also imply greater ramifications for the broader crypto ecosystem. A Ripple victory or a settlement on their terms could set legal precedents that benefit the cryptocurrency landscape as a whole, offering more defined regulatory clarity.
Robinhood reported a revenue of $927 million in Q1 2025, up 50% YoY. The firm…
Coinbase announced plans to list WLD coins on the Optimism network soon. WLD price has…
Circle ostensibly turned down the offer since it was too low based on its market…
U.S. President Donald Trump has signaled to more pain ahead before the ultimate anticipated market…
In a recent update, Bloomberg’s Senior ETF Analyst Eric Balchunas shared fresh updates on the…
The Open Network (TON), initially conceived by Telegram, has rapidly evolved into a significant Layer…