The post Here’s How Donald Trump’s Win Changes Ripple v. SEC Appeal Timeline: Expert appeared on BitcoinEthereumNews.com.

Attorney Fred Rispoli suggests that the potential overhaul of the SEC leadership under U.S. President-elect Donald Trump could lead to a faster resolution of the Ripple lawsuit.  The pro-XRP lawyer made the projection yesterday, noting that Trump’s emergence as U.S. president-elect is good news for crypto. Notably, he expects this victory to affect the appeal timeline of the Ripple lawsuit.  As reported earlier, Rispoli predicted that the U.S. Court of Appeals for the Second Circuit would issue its verdict for the case by 2026. Now, he believes a resolution would happen sooner following Trump’s victory.  How Trump’s Victory Changes Ripple Appeal Timeline  Attorney Rispoli claimed that the U.S. president-elect is aware of the Ripple lawsuit through the X posts from the company’s chief legal officer, Stuart Alderoty. It is worth noting that Alderoty was among the crypto stakeholders who made significant donations to Trump’s campaign. Specifically, the Ripple legal chief donated over $300,000 worth of XRP to Trump during his presidential campaign.  Furthermore, Rispoli said there will be extreme changes in the SEC leadership by March or April 2025 following the emergence of the Trump-led administration.  Given Trump’s victory and the potential SEC leadership overhaul, Attorney Rispoli forecasts that the Ripple lawsuit could be heading for a settlement, which he referred to as a ‘realistic possibility.’  2 Scenarios for SEC v. Ripple Settlement  Notably, he highlighted two scenarios for a potential settlement in the Ripple lawsuit under the current and upcoming SEC leadership.  Settlement Under Existing SEC Leadership  Following the recent developments in the U.S. election, Attorney Rispoli stated that a settlement is the best achievable outcome for the Ripple case under the current SEC leadership.  According to him, the current leadership might quickly settle the Ripple lawsuit by accepting the conditions of the final verdict. The court imposed a…

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Filed under: News - @ November 8, 2024 2:25 pm