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We'll find out soon whether Ripple executives were warned about the possibility of a SEC lawsuit before the launch of XRP.

Ripple's court battle with the United States Securities and Exchange Commission recently saw new developments that, according to some observers, could predict an impending solution to this far-reaching case.

February 17 marks the 2012 deadline for unraveling a series of documents for the Ripple, the content of which is likely to influence both the court and the public. In another plot twist, the court's decision to consider some of the SEC's documents open to discovery could set a groundbreaking precedent for similar lawsuits involving U.S. executives. Things stand out here before the next round of showdowns.