XRP Lawsuit: SEC discards Settlement speculations with its disagreement of Ripple’s Seal appeal

The latest update in the XRP lawsuit saw the SEC disagree with Ripple’s exclusive redaction and seal appeal. This dispute refers to the SEC’s Letter Motion Compelling discovery of recordings of defendants’ internal meetings, where Garlinghouse, Larsen & other key employees spoke on topics relevant to disputes in the lawsuit. With the plaintiff’s current position in the case, standing at the losing end, this sudden disagreement could mean a potential cancellation of the former settlement speculations. It appears that the SEC is still not out of bullets to take down Ripple in the ongoing XRP lawsuit. Henceforth, the plaintiff’s weak efforts to settle.