Ex-SEC Attorney Says ‘No Settlement’ Because Gensler won ‘Half The Case’
The price of XRP increased significantly after Gary Gensler announced that he would resign as SEC Chairman in January 2025. The news sparked speculation about whether the XRP-SEC lawsuit would be concluded before Gensler’s departure.
One social media user speculated that Gary Gensler and the SEC might offer to settle before he leaves to avoid looking like a total loser, or at least make it look like they won.
However, former SEC lawyer Marc Fagel responded that the SEC has won half of its cases. He doubts those commissioners who voted to appeal to the other half will now change their stance. While it was possible, he considered it unlikely and assured that the case would not be dismissed.
“They have won half the cases. I don’t know why the commissioners who voted to appeal the other half would now change their position. It’s possible, but seems unlikely,” he wrote.
Conclusion: What’s next for Ripple and XRP?
XRP has reached $1.5 and trading volume has increased. Analysts are optimistic, with some predicting a price surge to $2 in the short term. XRP is currently showing strong bullish momentum, and the launch of an XRP exchange-traded fund (ETF) in the United States could push its price even higher.
Recent gains have also been driven by new developments, such as the listing of physical XRP on major European exchanges. Ripple CEO Brad Garlinghouse expressed optimism about the future of XRP, especially Scott Bessent, Donald Trump’s potential Treasury Secretary pick, which could further benefit XRP’s prospects.
Attorney Jeremy Hogan said the Ripple v. SEC case could be resolved in the spring or early summer of 2025. Gensler’s exit could speed up this process and lead to a more favorable regulatory environment for XRP.
