XRP Lawsuit News: Ripple Case at Risk of Being Dropped, Says Gasparino

Charlie Gasparino, a New York Post columnist and FOX Business Senior Correspondent, recently appeared on Anthony Pompliano’s podcast. Gasparino made harsh comments about the SEC’s handling of the Ripple case, calling the regulation unnecessary. 

He discussed the possibility that the ruling might be reversed, potentially putting Ripple back under legal scrutiny. He noted that with changes in political leadership, such as the potential influence of Donald Trump Donald Trump   Donald J. Trump is a US-based entrepreneur, Pro-crypto Politician, and the 45th and 47th President of the United States of America. He understands the importance and needs of the modern fintech world, and people look up to him as a dominant pro-crypto leader.   Quick Facts   Full name Donald John Trump Birth 14-06-1946, New York, United States Nationality American Education BS from the University of Pennsylvania Known For Businessman, Pro-Crypto Politician   Once doubtful about Bitcoindominance, he said in a tweet in 2019, “I am not a fan of Bitcoin", but now has a significant amount of cryptocurrency holdings in his kitty. He has also signed an Executive Order to establish a Strategic Bitcoin Reserve, which highlights his commitment to the future of cryptocurrency.   Donald Trump - Career Highlights & Events   2016 – Elected as the 45th President of the United States from the Republican Party.   2017 – Signed the Tax Cuts and Jobs Act, impacting investment environments   2019 – Criticized Bitcoin and Libra on X, dubbing them as "not money"   2024 – Campaign signals potential openness to crypto-friendly reforms   2025 –  Elected as the 47th President of the United States from the Republican Party.   A meme coin, $TRUMP, is associated with Donald Trump, which is listed on the Solana blockchain platform. His family also backs World Liberty Financial (WLF), a crypto venture.     President there could be shifts in how the SEC handles the case. Gasparino made it clear that, as a reporter, he remains neutral in the crypto debate and will cover the story objectively, regardless of the outcome, as he does not have any personal stake in XRP.

“I think there’s a chance it gets reversed and XRP and Ripple’s back on the hook. The SEC may drop the whole thing now that Trump’s in there. That’s a whole other thing you have to worry about. And this is why I get it from both sides, both pro-crypto and anti-crypto,”

He Said.

Will the SEC’s fight with Ripple affect XRP’s future? Read XRP Price Prediction to see where it’s headed amid the ongoing drama!

Ripple Case Under Paul Atkins

There is growing speculation about how the Ripple case could be affected by the incoming SEC chair, Paul Atkins, following the resignation of the current chair, Gary Gensler, on January 20, the same day as President Trump’s inauguration. The SEC’s filing deadline for its appeal is approaching on January 15, after the agency requested a 90-day extension in October, pushing the deadline past the US Presidential Election. 

The transcripts for the appeal are set to be ordered by December 31 and must be fully delivered by January 30, 2025. March 2025 will be a critical month when the plaintiff will present arguments against Ripple and its CEO, Brad Garlinghouse. Ripple Labs and Garlinghouse must respond by April 7.

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