Ripple Labs and the US Securities and Exchange Commission (SEC) continue their legal battle without a verdict, but rumors suggest a potential undisclosed meeting between the parties on May 8.
The meeting has led to speculation about a possible settlement. However, XRP community attorney John E. Deaton doubts the rumor’s validity, believing that Ripple and the SEC can meet anytime they want.
Deaton suggests that a settlement would only happen after a ruling by Judge Torres and if Ripple wins a big victory.
Moreover, Ripple could be concerned about the regulatory safety of its partners. Deaton believes Ripple CEO Brad Garlinghouse would be happy to sign a settlement check if the SEC classifies all future sales of XRP as non-securities and does not appeal, which would result in an immediate return of liquidity to the US.
However, a settlement would only be necessary if Judge Torres does not already provide for it in her ruling.