Bitcoin

Ripple Case at Risk of Being Dropped, Says Gasparino

New York Post columnist and FOX Business senior correspondent Charlie Gasparino recently appeared on Anthony Pompliano’s podcast. Gasparino made harsh comments on the SEC’s handling of the Ripple case, calling the regulations unnecessary.

He raised the possibility that the decision could be overturned, which could put Ripple back under legal scrutiny. He noted that with changes in political leadership, such as the potential influence of Donald Trump,

“I think there is a chance that this will reverse and XRP and Ripple will be hooked again. The SEC could abandon everything now that Trump is here. That’s a whole other thing to worry about. And that’s why I get opinions from both sides, both pro-crypto and anti-crypto,”

He said.

Will the SEC’s fight with Ripple affect the future of XRP? Read the XRP price prediction to see where it is headed amid the ongoing drama!

Ripple affair under Paul Atkins

There is growing speculation about how the Ripple case could be affected by new SEC Chairman Paul Atkins following the resignation of current Chairman Gary Gensler on January 20, the same day since President Trump’s inauguration. The deadline for filing the SEC’s appeal is approaching January 15, after the agency requested a 90-day extension in October, pushing the deadline beyond the U.S. presidential election.

Transcripts of the call are expected to be ordered by December 31 and must be fully delivered by January 30, 2025. March 2025 will be a critical month in which the plaintiff will present arguments against Ripple and its CEO, Brad Garlinghouse . Ripple Labs and Garlinghouse must respond by April 7.

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FAQs

Could the Ripple decision be overturned in the future?

Gasparino suggests a reversal is possible, especially with political changes and new SEC leadership that could reshape the case.

Will political changes affect the Ripple case?

Gasparino highlights potential changes in SEC policies under the Trump administration that could impact the outcome of the case.

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