A legal panel consisting of prominent advocates discussed the ongoing lawsuit filed by the SEC against Ripple over XRP token sales. They suggested that the case could conclude soon and that it might not withstand a change in SEC leadership. The panel mentioned the possibility of a pro-crypto SEC Chair being appointed under a Donald Trump administration, which could potentially lead to the end of the XRP case. Legal experts also believe that the case could be resolved or dismissed entirely under a new administration. If the SEC continues with the lawsuit, a new administration could introduce policies that significantly alter the proceedings. The price of XRP is expected to rise sharply once the lawsuit concludes, and analysts foresee a move toward the $1 mark in the short to long term. However, readers are advised to exercise caution and this article does not constitute financial advice.
- Content Editor ( coinedition.com )
- 2024-11-14
Ripple vs. SEC: Could XRP’s Legal Battle End with Leadership Changes?