SEC v Ripple: Lawyer Predicts Two Paths To XRP Case Settlement After Donald Trump Win

SEC v Ripple: Lawyer Fred Rispoli anticipates a possible Ripple settlement under Trump’s SEC, possibly as early as March 2025, boosting XRP.
XRP Lawsuit: Lawyers Confirm Appeals Opening Brief by Gensler's US SEC

Highlights

  • Fred Rispoli suggests SEC under Trump could settle Ripple lawsuit by March 2025.
  • XRP price hits 1-month high post-Trump's election, trading above $0.52.
  • Trump SEC transition team eyes ex-commissioners Gallagher, Atkins for chair.

SEC v Ripple: The recent win of Donald Trump in the 2024 US presidential election has brought back hope to the cryptocurrency enthusiasts especially on the matter of the ongoing SEC v Ripple lawsuit.

Legal experts and Ripple supporters are speculating that the Donald Trump administration could bring positive changes to the crypto space which could help the company to reach a settlement faster in the ongoing Ripple case.

Advertisement
Advertisement

Potential Settlement Scenarios for SEC v Ripple Case

Fred Rispoli, a lawyer who has been monitoring the SEC v Ripple case has suggested that there are two likely outcomes for the case. According to Rispoli, shifts at the Securities and Exchange Commission that could occur as soon as March 2025 may influence the outcome of the Ripple trial. The first scenario will be the current US SEC leadership, under the chairmanship of Gary Gensler, deciding to act before a new leadership takes over. 

According to Rispoli, Gensler’s team may wish to settle the case but keep penalties such as the $125 million fine in place as a means of exercising control over the market.

The second scenario that Rispoli sees is more beneficial for Ripple. The new leadership at the Securities and Exchange Commission may cause the agency to reconsider the case and less the penalties on Ripple or even dismiss some of the charges. According to Rispoli, the current administration of Trump may view the lawsuit as an adverse event for the US crypto industry and may want to settle the case in a way that would be beneficial to Ripple, such as excluding the current sales of XRP from being deemed securities.

Advertisement
Advertisement

Ripple CEO Garlinghouse Responds to Trump Win

Ripple CEO Brad Garlinghouse has spoken about the influence that Trump’s victory may have on the regulation of the cryptocurrency industry after “a frustrating journey”. In a statement, Garlinghouse remained hopeful, suggesting that the years of what he has called the SEC’s “interference” in the digital currency sector, could be giving way to a change in regulatory policy that is potentially more favorable. 

Brad Garlinghouse, though not directly speaking about the possibility of the lawsuit being settled, pointed out the endurance of the XRP community and noted that “the tide is turning” in their favor stating “we can see a light at the end of the tunnel”.

Garlinghouse’s comments come in the wake of recent court rulings ordering the SEC to file its opening brief for its appeal in the Ripple case on or before January 15, 2025. If the SEC does not meet this deadline, the appeals could be thrown out, which might limit the Securities and Exchange Commission’s actions as new management comes in.

Advertisement
Advertisement

Donald Trump Administration’s Approach to the SEC

The Trump transition team is reportedly considering candidates for the Securities and Exchange Commission chair role, with names such as Dan Gallagher and Paul Atkins, both former SEC commissioners, being mentioned. 

Gallagher, currently Robinhood’s Chief Legal Officer, is viewed favorably by many in the crypto community. 

According to Reuters, Trump’s team has also indicated intentions to reverse what they see as regulatory overreach by Gary Gensler’s Securities and Exchange Commission, which has aggressively pursued enforcement actions against crypto companies.

XRP Price To $1 After SEC v Ripple End?

The market has responded positively to Trump’s election and the prospect of a resolution in the Ripple case. XRP, Ripple’s digital asset, recently saw a price surge, reaching its highest level since October. With XRP price currently trading above $0.55, some analysts believe the asset could continue its upward trend, potentially nearing the $1 mark if a settlement appears imminent.

Concurrently, Donald Trump’s administration has already sparked discussion about potential crypto-friendly policies, including the approval of an XRP ETF. 

Although the US SEC has previously resisted crypto ETFs, a Republican-led Securities and Exchange Commission could be more open to approving new financial products tied to digital assets, especially those like XRP and Solana following Bitcoin and Ethereum ETF’s earlier approval.

Advertisement
Kelvin Munene Murithi
Kelvin Munene is a crypto and finance journalist with over 5 years of experience, offering in-depth market analysis and expert commentary . With a Bachelor's degree in Journalism and Actuarial Science from Mount Kenya University, Kelvin is known for his meticulous research and strong writing skills, particularly in cryptocurrency, blockchain, and financial markets. His work has been featured across top industry publications such as Coingape, Cryptobasic, MetaNews, Cryptotimes, Coinedition, TheCoinrepublic, Cryptotale, and Analytics Insight among others, where he consistently provides timely updates and insightful content. Kelvin’s focus lies in uncovering emerging trends in the crypto space, delivering factual and data-driven analyses that help readers make informed decisions. His expertise extends across market cycles, technological innovations, and regulatory shifts that shape the crypto landscape. Beyond his professional achievements, Kelvin has a passion for chess, traveling, and exploring new adventures.
Why trust CoinGape: CoinGape has covered the cryptocurrency industry since 2017, aiming to provide informative insights to our readers. Our journalists and analysts bring years of experience in market analysis and blockchain technology to ensure factual accuracy and balanced reporting. By following our Editorial Policy, our writers verify every source, fact-check each story, rely on reputable sources, and attribute quotes and media correctly. We also follow a rigorous Review Methodology when evaluating exchanges and tools. From emerging blockchain projects and coin launches to industry events and technical developments, we cover all facets of the digital asset space with unwavering commitment to timely, relevant information.
Investment disclaimer: The content reflects the author’s personal views and current market conditions. Please conduct your own research before investing in cryptocurrencies, as neither the author nor the publication is responsible for any financial losses.
Ad Disclosure: This site may feature sponsored content and affiliate links. All advertisements are clearly labeled, and ad partners have no influence over our editorial content.