SEC Changes and Expected Implications for Ripple and XRP

user avatar

by Giorgi Kostiuk

2 years ago

In recent months, the situation around Ripple and its XRP token has gained attention due to legal proceedings with the SEC. Leadership changes in the commission could alter their outcome.

SEC Appeal and Ripple's Current Situation

Back in August, Ripple was fined $125 million, which seemed like the end of the lawsuit. However, in October, the SEC officially appealed the previous ruling on XRP, indicating their intent to continue the court battle.

Paul Atkins' Arrival at the SEC

Paul Atkins has been appointed as the new SEC Chair, replacing Gary Gensler. Atkins has previously criticized the SEC's tough approach and may change the regulatory strategy. It is expected that he will reduce 'regulation by enforcement'.

Potential Changes in SEC's Approach to the Crypto Industry

There is speculation that the SEC might start reducing or dropping some lawsuits. Amanda Tuminelli from the DeFi Education Fund suggests that a shift towards favorable settlements, known as 'consent decrees,' is likely.

These settlements allow both parties to negotiate a resolution while the court ensures the terms are carried out.Amanda Tuminelli

If a settlement or dismissal occurs, XRP's price is likely to rise, improving market sentiment. This case is crucial for all XRP investors. Under new leadership, the SEC might soften its stance, leading to more settlements and clearer regulations.

Tier I

Sector: #18291

Sealed Hiding Place Room

Resource Cache

Resource Cache

Tier I

Requires 25% Tier Progress to Claim
Meme Cache

Meme Cache

Tier I

Requires 50% Tier Progress to Claim
Equipment Cache

Equipment Cache

Tier I

Requires 75% Tier Progress to Claim

After collecting, hiding places will be stored in your inventory and can be opened with Keys.

Other news

Bitcoin Expected to Hit Bottom Today, October 5, 2026

Bitcoin is trading around 86,100, with predictions suggesting it is at the bottom on October 5, 2026.

user avatarRajesh Kumar

Bitcoin Hits Predicted All-Time High on October 6, 2025

On October 6, 2025, Bitcoin reached an all-time high of 126,198.07, fulfilling a bold prediction made by a 4chan user based on numerological patterns.

user avatarGustavo Mendoza

FinCEN Withdraws Controversial Crypto Surveillance Proposals

FinCEN has withdrawn its proposals targeting unhosted wallets and crypto mixers after pushback from industry stakeholders and privacy advocates.

user avatarMiguel Rodriguez

Justin Sun Prize Awards New Recipients for Contributions to Erdős Problems

The Office of Justin Sun has announced the newest recipients of the Justin Sun Prize, recognizing independent researcher Wouter van Doorn, mathematics PhD student Quanyu Tang, and mathematics researcher Yanyang Li for their contributions to solving Erdős problems.

user avatarLuis Flores

Greek Servicemen Among Suspects in Cryptocurrency Pyramid Scheme

Two Greek servicemen are implicated in a cryptocurrency pyramid scheme that defrauded approximately 10,000 investors out of 8 million euros.

user avatarArif Mukhtar

MEXC and Payward Explore Collaboration at TOKEN2049

MEXC and Payward are exploring a collaboration to enhance user experience in digital asset trading.

user avatarMaria Gutierrez

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.