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,
Donald Trump Donald Trump is a former American president, politician, businessman, and media personality, who served as the 45th President of the United States between 2017 and 2021. Trump received a Bachelor of Science degree in economics from the University of Pennsylvania in 1968. Trump won the 2016 presidential election as the Republican Party nominee against Democratic Party nominee Hillary Clinton while losing the popular vote. As president, Trump ordered a travel ban on citizens of several majority-Muslim countries, diverted military funds to the construction of a wall on the United States-Mexico border, and implemented a policy of separation of families. Trump has remained a prominent figure in the Republican Party and is considered a likely candidate for the 2024 presidential election. President there could be changes in how the SEC handles the matter. Gasparino made it clear that as a journalist, he remains neutral in the crypto debate and will cover the story objectively regardless of the outcome, as he has no personal interest in XRP.
“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
Gasparino suggests a reversal is possible, especially with political changes and new SEC leadership that could reshape the case.
Gasparino highlights potential changes in SEC policies under the Trump administration that could impact the outcome of the case.