The current Ripple vs. SEC -Rechtszaak is in the spotlight again, because legal experts predict a possible shift in the approach of the agency. With uncertainty around SEC leadership and a remarkable change in its position on crypto cases, speculation increases whether the court case can be rejected or arranged soon. However, since the election profit of Donald Trump, speculation about the dismissal of the Ripple vs SEC case has surfaced, but no actions have been taken.
SECs Shift in Coinbase Case Sparks Speculation
Pro-XRP lawyer James Murphy, known as Metalawman, pointed From the decision of the SEC not to oppose the motion of Coinbase for a conversation partner – a stark contrast with his earlier attitude among chairman Gary Genler. He suggests that if the 2nd circuit accepts the appeal, the SEC can arrange or drop it before he occupies a solid legal position about whether crypto assets that are traded on secondary stock exchanges are eligible as investment contracts.
Moreover, this sudden shift and pro-Crypto administration fueled the expectations that Ripple’s lawsuit could follow a similar path. Observers believe that if the SEC mitigates its approach, a dismissal or arrangement can be on the table.
The meeting of Trump with Ripple CEO before his inauguration is a signal that Ripple’s worse days are over, Ripple’s political donations are also seen as a master card to arrange the case.
Will the sec crypto cases fall?
A crucial factor in this comparison is the leadership of the sec. Murphy noted that without a senate-confirmed chairman who is currently in force, a new appointment could affect the agency about the current crypto-legal cases around March or April-the decisions. He also called Paul Atkins as a potential candidate under the Trump government, who described him as a less controversial choice.
Murphy also pointed out that SEC commissioners Hester Peirce and Mark Uyeda currently have the votes to take action on things, which means that decisions can still make a move before a new chairman took on.
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What is the next step for the Ripple right case?
Reports of the SEC that remove the Ripple right case from his website led to rumors about a settlement, but lawyer Sherrie clarified that the case is now being mentioned under the Court of Appeal due to the new case number. Ripple will submit his professional-related assignment before 16 April, in which lawyer Jeremy Hogan speculated that the SEC could drop the case around April or May in coordination with the expected leadership change.
Although some believe that the Coinbase shift from SEC indicates a similar approach to Ripple, others claim that it is unlikely that an observation chair will make an important decision, such as dropping the lawsuit. For now the case is still progressing, but all eyes are as a potential turning point in this controversial legal battle on April.
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