Legal expert MetaLawMan suggests that the resolution of the Ripple vs. SEC lawsuit may face delays due to the case’s complexity and potential conflicts of interest within the SEC. 🏛️
Why is the SEC Delaying the XRP Case?
Under President Donald Trump’s administration, the SEC has shifted towards a more crypto-friendly stance, aiming to support the growth of the industry in the U.S. This change is reflected in ETF approvals and settlements in crypto lawsuits, fueling optimism among investors and industry leaders. Despite these positive moves, the SEC continues to stall the resolution of the Ripple (XRP) case, raising questions about its true motives.
Legal expert James Murphy, known as MetaLawMan, recently warned about potential delays in the resolution of the SEC vs. Ripple lawsuit. While the SEC has already closed its investigation into Robinhood, Murphy suggests that the Ripple case might take longer than lawsuits involving Gemini, Kraken, and Binance, signaling a significant delay in reaching a final verdict.
The Complexity of the Ripple vs. SEC Case 🔍
MetaLawMan previously predicted that the XRP lawsuit could be settled before April 16, 2025, the deadline for Ripple’s appeal submission. However, new developments indicate that a quick resolution is unlikely.
⚖️ Key Factors Causing the Delay:
Judge Analisa Torres has already issued a final ruling, meaning that both Ripple and the SEC must negotiate how to proceed with the verdict.Ripple was fined $125 million, adding complexity to the settlement discussions.SEC and Ripple must agree on how to handle the ruling and financial penalties before reaching a settlement.
👉 "The only reason I list Ripple last is the complexity of the settlement negotiations," said MetaLawMan. "Ripple is the only live crypto case with a final ruling. SEC and Ripple lawyers must negotiate what to do with the verdict and the penalties, which takes time."
Conflict of Interest Within the SEC? 🛑
A U.S. watchdog group, Empower Oversight (EO), has raised concerns about potential conflicts of interest within the SEC. Specifically, they pointed fingers at Bill Hinman, a former SEC division director, alleging bias against XRP and Ripple.
⚡ Why the suspicion?
In 2018, Hinman classified Bitcoin and Ethereum as non-securities, exempting them from SEC regulation.During his tenure at the SEC, he maintained ties with the law firm Simpson Thacher, which had direct connections to Ethereum.EO claims that Hinman received millions of dollars from Simpson Thacher in exchange for favoring Ethereum.
📌 If this conflict of interest is confirmed, it could put even greater pressure on the SEC to drop its appeal, significantly affecting the outcome of the XRP lawsuit.
How Will the Coinbase and Robinhood Cases Impact Ripple’s Lawsuit?
In recent weeks, the SEC dropped charges against Coinbase and closed its investigation into Robinhood, signaling a change in regulatory approach toward the crypto industry.
💰 Other Significant Developments:
The SEC is now reviewing XRP ETF applications submitted by Grayscale, CoinShares, 21Shares, and Bitwise.Attorney Jeremy Hogan predicts that the Ripple vs. SEC lawsuit could be resolved by April or May 2025, just before the potential approval of an XRP ETF.
🔥 Does this mean a big change for XRP? If the SEC drops its appeal or loses the lawsuit, XRP's price could see a significant surge.
What’s Next?
The XRP lawsuit is one of the most pivotal legal battles in crypto history, and its outcome could shape the entire market. Although the SEC appears to be stalling and Ripple faces complex negotiations, there is still a chance that the case will be resolved in 2025.
🔎 What do you think? Will we see a resolution soon, or will the SEC continue to drag out the case? 🤔
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