Ripple $2.4 and the US Securities and Exchange Commission (SEC) is on the agenda again. As the deadline for the SEC to file its first petition approaches, a former SEC attorney said the case is likely to be resolved at an early stage. Following the decision of judge Analisa Torres, who made statements confirming the previous decision, it is claimed that the Trump administration and SEC Chairman Paul Atkins may choose not to appeal in the XRP case.
Former SEC Lawyer: Settlement Possible in Ripple SEC Case
Former SEC criminal attorney Marc Fagel told the crypto community on January 6 that the government agency both partially won and lost in the case. He stated that Ripple and the SEC’s appeal for the parts they lost required a compromise between the parties.
“Both sides appealed the part they lost. Therefore, the penalty has not yet been imposed, pending the appeal process,” Fagel said, adding that Ripple must pay a $125 million penalty for selling $700 million in unregistered securities to institutional investors.
Pro-XRP Lawyer Estimates XRP Lawsuit Timeline
As first reported by CoinGape Media, attorney Jeremy Hogan predicts that the Ripple SEC case could end in April or May. Hogan noted that the decision may not come before those dates because reports, memos and required SEC meetings take time.
“I think the Ripple case is the most likely scenario. Timing is tough, maybe April or May?”
— Jeremy Hogan
Commenting again today, Hogan stated that Paul Atkins will definitely drop the appeal and end the XRP lawsuit in 2025.
What to Expect Under Paul Atkins?
Experts and the crypto community think that the end of the Ripple SEC case will increase the likelihood of XRP ETF approval. This may also trigger an increase in the XRP price. Ripple CEO Brad Garlinghouse criticized the SEC and stated that hundreds of thousands of dollars of business opportunities were frozen for years.
Analysts expect the XRP price to rise by double digits, similar to the 400% increase after Trump’s re-election. They state that in the short term, XRP will consolidate within the current range and then continue to rise towards new record highs.
CrediBULL Crypto analyst said, “We are currently trading at the level where I closed my previous long position. Liquidity in local supply is upon us. “We are currently monitoring the orange zone for another potential long trade,” he predicted.
As a result, it is evaluated that a possible settlement in the litigation process between Ripple and the SEC could have positive effects on the XRP ecosystem and prices. Additionally, it remains a matter of curiosity how the SEC’s future policies will shape the crypto market.
Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should carry out their transactions in line with their own research.
