The SEC's cryptocurrency lawsuit is reaching a major turning point! With the change in leadership, the SEC seems to have loosened its attitude towards the XRP case. The Ripple lawsuit filed in December 2020 has not yet come to an end, but as the April 16 court deadline approaches, the market speculates that the SEC may reassess its position or even abandon this protracted legal battle.
At present, the SEC has shown signs of abandoning small-scale cases, and the XRP case's broad impact on US cryptocurrency regulation makes it impossible to withdraw from the case easily.
