The battle between Ripple Labs and the US Securities and Exchange Commission continues. November 30 is another important date in the lawsuit, so investors await with great interest.

Click here if you want to go from $0 to $100000 in one year in passive income

Possible settlement

According to well-known Australian lawyer Bill Morgan, November 30 could be an important date. This date can determine the course for the outcome of the lawsuit.

On November 30, both Ripple and the SEC must submit their summary judgment. On December 2, the two sides will meet to jointly discuss redactions for the court files.

A few days later, on December 5, the briefings from Ripple and the SEC will be made public. According to Morgan, these documents could be among the most revealing and important documents of the trial.

A settlement is a real possibility

Click here if you want to go from $0 to $100000 in one year in passive income

Morgan, based on his experience, believes that a settlement between the SEC and Ripple is a real possibility. He further noted that an agreement could be reached at any time, without the knowledge of the public.

No one outside the parties will know until the parties say it's settled.

According to the lawyer, possession of the recordings of the Hinman's speech gives Ripple Labs a lot of power. To keep these documents secret, and avoid a wider impact on the overall regulation of the crypto market, the SEC may be forced to settle.

When asked if the SEC could eventually be forced to disclose the Hinman documents, Morgan said:

Not if keeping the Hinman documents confidential is a settlement term. That is why having the documents gives Ripple a lot of power in settlement negotiations. We do not know on what basis Ripple received them. Under the local rules I practice in Australia, there is an implicit undertaking not to disclose documents disclosed by another party until they have been provided as evidence.

Is Hinman the stumbling block for the SEC?

Click here if you want to go from $0 to $100000 in one year in passive income

In Ripple's briefing, all eyes will be on whether Ripple cites the Hinman documents as evidence. To the extent that Ripple waives this, it could be a sign of a settlement agreement.

In Ripple's briefing, all eyes will be on whether the fintech company cites the Hinman documents as evidence. To the extent that Ripple waives this, it could be a sign of a settlement agreement.

XRP attorney John Deaton took a similar stance. According to him, the Hinman documents are critical to Ripple.

Deaton then said the SEC's delaying tactics would run out by the end of the year when Judge Torres rules that the documents should be released. This would force a settlement.