Lawyer Outlines Ripple-SEC Settlement Path Amid Coinbase Case Impact

In light of ongoing discussions regarding a potential settlement between pro-XRP advocate John Deaton and the United States Securities and Exchange Commission (SEC), Deaton, who represents numerous XRP tokenholders, has outlined the possible steps the parties might take if they choose to resolve the matter amicably.

Deaton emphasized the importance of the current lawsuit involving Coinbase and the SEC. He noted that if the judge in this case grants Coinbase’s motion to dismiss, it would suggest that token sales on the platform are not considered subject to U.S. securities laws. However, this ruling would not extend to crypto staking activities.