Latest Forecast on End Date of SEC Lawsuit Against Ripple

Key moments of the latest court hearing on 05/21/2021: SEC vs. Ripple

In March XRP community member Ashley Prosper predictedthat the SEC lawsuit against Ripple will end on one of six dates. PROSPER forecasts include March 23rd, March 31st, April 1st, May 29th, June 5th and June 21st.

With today being the final date, XRP enthusiasts are hoping that Judge Analisa Torres will deliver the long-awaited summary judgment.

Other forecasts for the end of the case

Meanwhile, it is worth noting that other predictions about a possible date for the end of the trial did not come true. How reported Previously, pro-XRP attorney James K. Filan predicted that Judge Torres could grant summary judgment on March 31, 2023. However, this prediction did not come true.

Another XRP advocate, John Deaton, predicted that a decision would be made before May 6, 2023. At this point, the judge has yet to issue the long-awaited summary judgment.

Interestingly, former SEC director Mark Fagel recently also predicted June 15 that the lawsuit will be resolved in a few days. Almost a week has passed, and the judge has not announced the final verdict.

Ripple and its CEO predict the end date of the lawsuit

Notably, Ripple and its CEO Brad Garlinghouse also predicted a possible end date for the lawsuit. In a viral video last month, Garlinghouse suggested that the legal battle will end in weeks, not months.

Based on Garlinghouse’s prediction, many expected the case to be solved within a month. However, it’s been almost a month since Garlinghouse made the comment, and the judge still hasn’t ruled.

Meanwhile, Ripple gave a safer forecast regarding the possible timing of the end of the lawsuit. In its Q1 2023 report, Ripple statedthat the lawsuit will be resolved before the end of the year.

Predicting a possible end date for a lawsuit can be a difficult task. According to Deaton, only a few people will know about it. before how the judge makes a decision.

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