The Ripple community is eagerly awaiting updates on the XRP lawsuit as the case nears its resolution. The US Securities and Exchange Commission (SEC) has scheduled a closed-door meeting, which experts believe could bring regulatory clarity on XRP and digital assets in general. This meeting is crucial for the Ripple vs SEC case and the crypto industry as a whole.
The XRP community is hopeful for a settlement in the Ripple vs SEC case, especially after Ripple CEO Brad Garlinghouse’s recent statement. The SEC’s closed-door meeting on April 3, 2025, is expected to provide more clarity on the Ripple lawsuit. Market analysts believe that the SEC will discuss the fate of XRP during this meeting, which could have significant implications for the crypto market.
Experts predict that the SEC will address the XRP lawsuit during the closed-door meeting today and discuss whether to drop the appeal claiming XRP is a security. This vote could determine the future of Ripple’s XRP and provide much-needed regulatory clarity for the crypto industry. Additionally, the US House crypto hearing on April 9 will focus on the structure of the crypto market and the need for a solid regulatory framework.
In a surprising turn of events, Brad Garlinghouse revealed that the SEC dropped its appeal in the XRP lawsuit, leading Ripple to withdraw its cross-appeal. While this development has sparked enthusiasm within the XRP community, legal experts caution that the lawsuit is not over yet. There are still procedures pending, and the Ripple case could potentially be settled within two months depending on the SEC commission’s vote on the matter. If today’s vote concludes to drop the appeal, the case could wrap up sooner than expected.
Overall, the outcome of the SEC’s closed-door meeting and the upcoming House crypto hearing could have significant implications for the XRP lawsuit and the broader crypto industry. The community is hopeful for regulatory clarity and a swift resolution to the prolonged legal battle between Ripple and the SEC. As the case nears its ultimate resolution, all eyes are on the developments unfolding in the coming days.
