The long-standing legal battle between Ripple and the SEC keeps the crypto world on edge. Recent SEC actions suggest that a resolution might come soon.
Background and Current Events
The SEC recently dropped cases against major firms like Coinbase and Kraken, sparking speculation about the potential resolution of Ripple’s case. Lawyers and investors await a decision.
Lawyer Jeremy Hogan's Commentary
Legal expert Jeremy Hogan hinted at a possible early resolution but cautioned that all matters must be fully settled before celebrating.
What Lies Ahead for Ripple
The SEC filed its appeal on January 15, 2025, and Ripple has until April 16 to respond. Experts suggest the case focuses on XRP sales restrictions and Ripple’s efforts to lift them before settlement.
A pivotal decision in the Ripple-SEC case might occur in the coming months, drawing significant interest as it could be a turning point for the crypto world.