There are ongoing speculations that Ripple Labs Inc. may be holding a settlement conference with the United States Securities and Exchange Commission (SEC) over the ongoing XRP lawsuit. This speculation came after CEO Brad Garlinghouse and CLO Stuart Alderoty were spotted in New York.
XRP Lawsuit: Settlement Speculation Swelling
One XRP community member known on X as BobaFete claimed to have seen Garlinghouse and Alderoty in front of the federal courthouse in New York earlier today. BobaFete speculated that the executives may have arrived at the premises to have XRP lawsuit settlement talks with the U.S. securities agency.
While several entities including John Deaton’s CryptoLaw, are trying to confirm the veracity of this information, FOX Business reporter Eleanor Terrett acknowledged that Court Listener had previously stated a “Settlement Conference” scheduled for March 29. This explanation suggests that Garlinghouse and Alderoty may have been in NY for the scheduled confere
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