
The SEC is unexpectedly dropping lawsuits against crypto firms, sparking speculation that Ripple's long-standing legal battle may soon resolve.
Experts are divided on Ripple's outcome, with potential resolution dates identified, but SEC challenges remain.
External factors like new tariff policies and differing expert opinions create uncertainty around Ripple's future.
The SECโs sudden decision to drop lawsuits against Coinbase, Consensys, and Gemini has sent shockwaves through the crypto industry. Meanwhile, Binanceโs case has been put on hold for 60 days. This unexpected shift has left many wondering – could Ripple be next?
For years, Ripple has been locked in one of the most high-profile legal battles in crypto history. With the SEC now stepping back in other cases, speculation is growing that a resolution could be on the horizon. But just as optimism builds, XRP has taken a 10% hit today, reacting to Trumpโs new tariff policies.
Key Dates That Could Decide Rippleโs Fate
Legal expert Jeremy Hogan, who has been closely following the case, believes three key datesโMarch 14, April 11, and May 1โcould be important for a resolution. While the SEC has been withdrawing cases recently, Hogan thinks Rippleโs situation is more complex, making a quick settlement unlikely.
Despite Rippleโs partial victory last year, the SEC is still pushing for penalties, including a $125 million fine. Another legal expert, Fred Rispoli, predicts the case could be settled โany day now.โ He suggests Ripple may agree to the fine, drop all appeals, and close the case for good.
Is the SEC Changing Its Approach?
Under gary gensler
gary gensler Gary Gensler is the chairman of the U.S. Securities and Exchange Commission (SEC). His studies in finance and blockchain at MIT have helped him develop U.S. cryptocurrency regulations and policies.
Quick Facts Full name Gary Scott Gensler Birth 18-10-1957, Baltimore, Maryland, United States Nationality American Education MBA from the University of Pennsylvania Marital status Married to Francesca Danieli (1986-2006) Net worth Estimated $100 million
Gensler has advocated for enhanced supervision of digital assets, seeking to regulate cryptocurrencies similar to securities. His work at the SEC has focused on safeguarding investors, regulating crypto exchanges, and establishing stablecoin policies.
Gary Gensler - Career Highlights 1997 – Became Assistant Secretary of the Treasury.
2009 – Led CFTC, regulating financial derivatives post-2008 crisis.
2018 – Taught blockchain and crypto at MIT.
2021 – Appointed SEC Chairman, focusing on crypto regulations.
2022 – Proposed stricter rules for crypto exchanges.
2023 – Took legal action against major crypto firms.
2024 – Advocated for stronger stablecoin and DeFi regulations.
Gary has collaborated with multiple lawmakers in formulating crypto policies. Even with disagreements with crypto investors regarding crypto policies, he continues to be a key player in the changing dynamic between regulatory frameworks and blockchain advancement.
Awards & Recognitions of Gary Gensler Year Institution Description 2009 U.S. Treasury Financial Regulation Leader 2018 MIT Blockchain & Crypto Educator 2021 SEC SEC Chairman Overseeing Crypto Policies 2023 Bloomberg Most Influential Regulator in Crypto 2024 Forbes Top Policy Maker in Digital Assets
Useful Links to Connect With Gary Gensler Platform Link X (formerly Twitter) twitter.com/GaryGensler CFTC website Chairman Gary Gensler Chairman , the SEC aggressively targeted major crypto firms. Now, with the agency suddenly dropping lawsuits, many are wondering if its stance on crypto is shifting. This has fueled hopes that Ripple could also benefit, especially as the U.S. government seems to be taking a more supportive approach toward crypto.
Experts DividedโWill the SEC Keep Fighting?
Despite the SEC backing off in other cases, some legal experts, including Hogan and MetaLawMan, argue that Rippleโs case is different. Last year, Judge Analisa Torres ruled that XRPโs programmatic sales were not securities, which was a major win for Ripple. But the SEC is still challenging other parts of the case, which could drag it out even longer.
Former SEC official John Reed Stark has a different take. He believes the SECโs recent moves are a sign of weakness rather than strategy. In his view, backing down could hurt the agencyโs credibility rather than helping crypto.
What Happens Next?
The case now stands at a crossroads. If the courts uphold Judge Torresโs ruling, it will be a significant victory for Ripple and the broader crypto industry. A settlement is also possible, especially given the SECโs recent actions. However, thereโs still a risk that an appeals court could reverse the decision, handing a major win to the SEC.
With regulators stepping back from aggressive legal battles, the big question remainsโwill Ripple be next to walk free?
Never Miss a Beat in the Crypto World!
Stay ahead with breaking news, expert analysis, and real-time updates on the latest trends in Bitcoin, altcoins, DeFi, NFTs, and more.
FAQs
Ripple (XRP) has secured regulatory clarity in the lawsuit driving a positive price action.ย ย