The U.S. Securities and Exchange Commission (SEC) has shocked the crypto industry by dropping lawsuits against Coinbase, Consensys, and Gemini. However, Binance’s case remains on pause for 60 days. This sudden shift in enforcement has sparked speculation about whether Ripple could be next in line for a resolution. Despite growing optimism, XRP suffered a 10% decline today following Donald Trump’s new tariff policies.
Legal Experts Weigh In on XRP Lawsuit Resolution
Jeremy Hogan, a legal expert closely monitoring the Ripple case, has identified March 14, April 11, and May 1 as key dates for a possible resolution. Although the SEC has been backing down from high-profile cases, Hogan argues that the complexity of the Ripple lawsuit makes an immediate settlement unlikely. While Ripple secured a partial victory last year when Judge Analisa Torres ruled that XRP’s programmatic sales were not securities, the SEC continues to press for penalties, including a $125 million fine.
March 14 or April 11 or May 1. pic.twitter.com/9xviFTojFQ
— Jeremy Hogan (@attorneyjeremy1) February 27, 2025
Legal expert Fred Rispoli has echoed similar sentiments, stating that a resolution could come “any day now.” He suggests that Ripple may settle by agreeing to pay the penalty, closing the case, and dropping all appeals.
Is the SEC’s Crypto Crackdown Losing Steam?
Under Chairman Gary Gensler, the SEC aggressively targeted major crypto firms, pursuing enforcement actions against some of the industry’s biggest players. However, the recent wave of dropped cases has led many to question whether the agency is shifting its regulatory approach. Some speculate that the U.S. government is becoming more crypto-friendly, which could work in Ripple’s favor.
What’s Next for Ripple?
Despite the SEC’s recent reversals, legal experts remain divided on Ripple’s fate. Hogan and MetaLawMan suggest that the case’s complexity could prolong the legal battle, while former SEC official John Reed Stark sees the agency’s recent moves as a sign of weakness. If the courts uphold Judge Torres’s ruling, it would mark a major victory for Ripple and the broader crypto industry. However, if an appeals court overturns the decision, the SEC could still come out on top.
The only reason I list @Ripple last is the complexity involved in negotiating a resolution.
— MetaLawMan (@MetaLawMan) February 24, 2025
Ripple is the only live crypto case with a final judgment in place.
So, the SEC & Ripple lawyers must negotiate what to do about the judgment & the money escrowed for that judgment.
That…
With the SEC retreating from other legal battles, all eyes are now on Ripple. Will the company finally get its long-awaited victory, or will the fight continue? The next few months will be critical in shaping the future of XRP and the regulatory landscape for cryptocurrencies.
Disclaimer: The information in this article is for general purposes only and does not constitute financial advice. The author’s views are personal and may not reflect the views of Chain Affairs. Before making any investment decisions, you should always conduct your own research. Chain Affairs is not responsible for any financial losses.
Also Read: SEC’s Secret Meeting Sparks XRP Lawsuit Speculation: Will the Appeal Be Dropped?