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Golden Finance reports that US lawyer Jeremy Hogan said that settlement is a good option for the US Securities and Exchange Commission (SEC) in the tug-of-war with blockchain payment company Ripple Labs Inc. But the chance of reaching a full settlement is less than 20%.
Hogan believes that the SEC may decide to move forward with the trial originally scheduled for April 2024 and focus the prosecution on two Ripple executives, Brad Garlinghouse and Chris Larsen. Hogan predicts that the probability of this incident happening is 39.456%. The second option is for the SEC to settle with Garlinghouse and Chris Larsen while awaiting a final judgment. The probability of this happening is 32.113%. Finally, the SEC can choose to settle with Ripple and the individual defendants in this case. Hogan said regulators appear to be uninterested in compromise, with the likelihood of a full settlement being only 18.987%.