Gary Gensler's resignation as SEC Chair has created excitement in the XRP community, as it could signal the end of the SEC's lawsuit against Ripple. There are rumors of an emergency meeting regarding a settlement before Gensler leaves, potentially influenced by pressure from former President Donald Trump. Legal experts speculate that Ripple may settle for less than $125 million, compared to the initial $1.3 billion mentioned. A settlement could clarify XRP's security status and lead to a price rally. This case may also spur faster crypto legislation in the US, while other countries adopt more crypto-friendly approaches.



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