CandleFocus The SEC May Be Stalling to Dismiss the XRP Lawsuit
2025-02-20
Author: Content Editor
The Securities and Exchange Commission (SEC) has postponed actions on prominent crypto enforcement lawsuits, possibly to buy time to dismiss them. While the deadline for the Coinbase case has been extended, the SEC has not dropped its biggest lawsuits yet, including the case against Ripple. Rumors suggest that the SEC may eventually drop the charges against Ripple, but changes within the commission and potential involvement from President Trump could affect the outcome. With new leadership and the establishment of a Crypto Subcommittee in Congress, there may be more room for dismissing the Ripple case, especially if the executive order mandating direct oversight over federal regulators is implemented. However, the executive order is controversial and may face challenges in the Supreme Court. Overall, the fate of the Ripple vs SEC case remains uncertain but could have profound implications for US crypto regulation.
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