In a recent podcast interview on The Wolf of All Streets, former White House Director of Communications, Anthony Scaramucci, made a claim that the SEC might have dropped its lawsuit against Ripple (XRP). This news has created a buzz in the crypto community, especially after a series of recent events that hint at major developments.
During the podcast, when Scott Melker mentioned the SEC dropping cases against Coinbase, Gemini, ConsenSys, and others, Anthony Scaramucci interrupted and said “Ripple” twice, suggesting that the SEC may have already dropped its case against Ripple.
While the case between Ripple and the SEC is technically still ongoing, many believe that the lawsuit could be quietly dropped, possibly in favor of a more favorable regulatory environment for XRP. If Scaramucci’s assertion is true, this could mean substantial gains for XRP holders, though confirmation from the SEC is still pending.
The news has drawn mixed reactions, especially from Bitcoin maximalists, who believe Bitcoin should dominate the crypto space. However, many others see a future where multiple cryptocurrencies, including XRP, can coexist.
The White House Crypto Summit on March 7, 2025, will also likely discuss creating a U.S. strategic crypto reserve, which could influence cryptocurrency regulations, including XRP. As a result, it’s expected that the SEC may soon end its case against Ripple, although no official statement has been made yet.
As the Ripple-SEC case continues to unfold, the crypto world waits for more details. Will the SEC officially drop the lawsuit, or is this all just speculation? Time will tell, but the developments so far suggest that Ripple’s battle may be nearing its end, with the potential for big shifts in the crypto market.
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