A U.S. federal judge has rejected the SEC’s bid to appeal its loss against Ripple. The judge has suggested the possibility of a settlement before the trial. The case will either go to trial or be settled, with a final pretrial conference scheduled for April 16, 2024. If a settlement is reached, it could bring clarity to XRP’s legal standing and potentially attract new investors. However, there is no guarantee of a settlement and the SEC could still appeal after the trial.
AI Sentiment: Positive
