The SEC’s recent decision to drop lawsuits against Coinbase, Consensys, and Gemini has sent shockwaves through the crypto industry. While Binance’s case was paused for 60 days. With this unexpected shift in enforcement, many are now wondering if Ripple could be next. The long-standing battle between Ripple and the SEC has been one of the most significant legal disputes in crypto, and speculation is growing about a potential resolution. However, despite the positive outcome rumors, XRP fell 10% today due to Trump’s new tariff policies.
Legal Expert Predicts Key Dates for XRP Lawsuit Resolution
Jeremy Hogan, a legal expert closely following the case, has identified March 14, April 11, and May 1 as crucial dates for a possible resolution. While the SEC has been dismissing lawsuits left and right, Hogan believes the complexity of the Ripple case makes a quick resolution unlikely. The case has already dragged on for years, and even with a partial victory for Ripple last year, the SEC continues to push for penalties, including a hefty $125 million fine.
Legal expert Fred Rispoli also predicted a resolution “any day now.” He suggests that Ripple could settle by paying a $125 million penalty, dropping all appeals, and closing the case.
I don’t know why SEC v. Ripple is still going considering other major cases, especially Coinbase, have been dropped. Clearly, the absence of Paul Atkins did not worry the current 3-member SEC Commission on those large litigation issues. My best guess is that, given the $125M…
The SEC used to be tough on crypto companies under gary gensler
gary gensler Gary Gensler is a pioneer and the current chair of the U.S. Securities and Exchange Commission. He has extensive experience that spans Wall Street, government regulation, and an angel teaching about cryptocurrencies and blockchain at MIT. Gary S. Gensler was on born October 18, 1957, in Baltimore, Maryland.He graduated from Pikesville High School in 1975, where he was later given a Distinguished Alumnus award. He also earned a degree in economics.Gensler served in the United States Department of the Treasury as Assistant Secretary for Financial Markets from 1997 to 1999, then as Undersecretary for Domestic Finance from 1999 to 2001He has expressed his desire to present crypto-related approach changes later on that include token commitments, decentralized finance, stablecoins, guardianship, exchange-traded resources, and advancing stages.
Chairman
going after big names in the industry. But now, the agency is suddenly dropping lawsuits, making people wonder if it’s changing its approach. This has sparked hope that Ripple might also catch a break, especially as the U.S. government seems to be becoming more supportive of crypto.
Despite the SEC’s backout in other cases, some legal experts, including Hogan and MetaLawMan, argue that Ripple’s situation remains complicated. The ruling by Judge Analisa Torres last year, which declared XRP’s programmatic sales were not securities, was a major win for Ripple, but the SEC continues to challenge other aspects of the case. If the regulator chooses to push forward, it could extend the legal battle even further.
Former SEC official John Reed Stark thinks otherwise; he stated that the agency’s recent moves are a bad sign. He believes they show weakness and could lead to its downfall instead of helping crypto.
The case now stands at a crossroads. If the courts uphold Judge Torres’s ruling, it will be a significant victory for Ripple and the broader crypto industry. A settlement is also possible, especially given the SEC’s recent actions. However, there’s still a risk that an appeals court could reverse the decision, handing a major win to the SEC.
With the SEC showing signs of stepping back from its aggressive legal battles, the big question remains—will Ripple be the next to walk free?
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The post Ripple vs. SEC: Could XRP Finally Win as SEC Backs Off Crypto Cases? appeared first on Coinpedia Fintech News
The SEC’s recent decision to drop lawsuits against Coinbase, Consensys, and Gemini has sent shockwaves through the crypto industry. While Binance’s case was paused for 60 days. With this unexpected shift in enforcement, many are now wondering if Ripple could be next. The long-standing battle between Ripple and the SEC has been one of the …
This articles is written by : Nermeen Nabil Khear Abdelmalak
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