Ripple Case at Risk of Being Dropped, Says Gasparino
New York Post columnist and Fox Business senior correspondent Charlie Gasparino recently appeared on Anthony Pompliano’s Podcast. Gasparino made scathing comments about the SEC’s handling of the Ripple case, calling the regulation unnecessary.
He discussed the possibility that the ruling could be overturned, potentially putting Ripple back under legal scrutiny. He noted that with changes in political leadership, such as the potential influence of Donald Trump, the SEC’s approach to the case could change. Gasparino made it clear that as a journalist, he remains neutral in the cryptocurrency debate and will cover the story objectively regardless of the outcome, as he does not have any personal stake in XRP.
“I think there’s a chance that the tables will turn and XRP and Ripple will get back into trouble. Now that Trump has stepped in, the SEC may drop the whole thing. That’s another thing you need to worry about. That’s why I You get it from both the pro-crypto and anti-crypto sides,” he said.
Corrugated protective case by Paul Atkins
Following the resignation of current Chairman Gary Gensler on January 20, the same day as President Trump’s inauguration, there has been growing speculation that incoming SEC Chairman Paul Atkins (Paul Atkins) How it might affect the Ripple case. The SEC’s deadline for filing an appeal is approaching Jan. 15, after the agency requested a 90-day extension in October, pushing the deadline until after the U.S. presidential election.
Appeal transcripts are scheduled to be ordered by December 31 and must be delivered in full by January 30, 2025. March 2025 will be a critical month for plaintiffs to present their arguments against Ripple and its CEO, Brad Garlinghouse. Ripple Labs and Garlinghouse have until April 7 to respond.
