A quiet settlement may have been reached between Ripple and the SEC, according to legal experts.
The SEC appealed the previous ruling, claiming XRP's retail sales are unregistered securities, further prolonging the case.
Ripple was fined $125 million by a judge in August and was restricted from selling XRP to institutional investors.
The possibility of a private settlement raises challenges, including lifting the injunction on selling XRP and potential negotiation of institutional sales.