{"id":3041,"date":"2025-03-04T14:54:01","date_gmt":"2025-03-04T14:54:01","guid":{"rendered":"https:\/\/ourcryptoworld.com\/is-the-ripple-v-sec-lawsuit-over-this-former-white-house-official-thinks-so\/"},"modified":"2025-03-04T14:54:01","modified_gmt":"2025-03-04T14:54:01","slug":"is-the-ripple-v-sec-lawsuit-over-this-former-white-house-official-thinks-so","status":"publish","type":"post","link":"https:\/\/ourcryptoworld.com\/el\/crypto-news\/is-the-ripple-v-sec-lawsuit-over-this-former-white-house-official-thinks-so\/","title":{"rendered":"Is the Ripple v. SEC Lawsuit Over? This Former White House Official Thinks so"},"content":{"rendered":"<h5><strong>The legal tussle dates back to December 2020 and is among the most intriguing topics in the crypto space.<\/strong><\/h5>\n<p><strong>TL;DR<\/strong><\/p>\n<ul>\n<li><span data-preserver-spaces=\"true\">While Anthony Scaramucci claims the Ripple lawsuit is over, no official confirmation exists, with experts predicting a settlement.<\/span><\/li>\n<li>US attorney James Murphy suggests the company is negotiating to vacate Judge Torres&#8217; rulings, which might explain why the case remains ongoing.<\/li>\n<\/ul>\n<h2><span data-preserver-spaces=\"true\"><a href=\"https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/03\/RippleSEC_CB-3.jpg\" data-wpel-link=\"internal\"><img fetchpriority=\"high\" decoding=\"async\" class=\"alignnone size-full wp-image-385822\" src=\"https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/03\/RippleSEC_CB-3.jpg\" alt=\"\" width=\"1201\" height=\"720\" srcset=\"https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/03\/RippleSEC_CB-3.jpg 1201w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/03\/RippleSEC_CB-3-300x180.jpg 300w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/03\/RippleSEC_CB-3-1024x614.jpg 1024w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/03\/RippleSEC_CB-3-768x460.jpg 768w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/03\/RippleSEC_CB-3-50x30.jpg 50w\" sizes=\"(max-width: 1201px) 100vw, 1201px\" \/><\/a><\/span><\/h2>\n<h2>The End of the Battle?<\/h2>\n<p><span data-preserver-spaces=\"true\">A <\/span><span data-preserver-spaces=\"true\">lot has happened in the cryptocurrency space <\/span><span data-preserver-spaces=\"true\">since Donald Trump became America&#8217;s 47th President<\/span><span data-preserver-spaces=\"true\">.<\/span> <span data-preserver-spaces=\"true\">Some of the<\/span><span data-preserver-spaces=\"true\"> major developments are centered on <\/span><span data-preserver-spaces=\"true\">the<\/span><span data-preserver-spaces=\"true\"> legal saga <\/span><span data-preserver-spaces=\"true\">between the US Securities and Exchange Commission (SEC) and certain digital asset entities.<\/span><span data-preserver-spaces=\"true\">\u00a0<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">The agency, whose former anti-crypto Chairman Gary Gensler <a href=\"https:\/\/cryptopotato.com\/gary-gensler-officially-out-what-does-it-mean-for-ripple-xrp\/\" data-wpel-link=\"internal\">resigned<\/a> on January 20, was succeeded by Mark Uyeda (who has an entirely different stance on the matter). Under his leadership, it dismissed its lawsuits against <a href=\"https:\/\/cryptopotato.com\/coinbase-ceo-boasts-about-sec-lawsuit-dismissal-is-ripple-next\/\" data-wpel-link=\"internal\">Coinbase<\/a>, Kraken, Uniswap, and more.<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">In a recent interview, former White House official Anthony Scaramucci <\/span><a class=\"editor-rtfLink\" href=\"https:\/\/www.youtube.com\/watch?v=O7HqgkfS7Qk\" target=\"_blank\" rel=\"noopener\" data-wpel-link=\"external\"><span data-preserver-spaces=\"true\">claimed<\/span><\/a><span data-preserver-spaces=\"true\"> that the legal tussle between the SEC and Ripple is also over. The host of the conversation, Scott Melker (known as The Wolf of All Streets), agreed with this assumption.\u00a0<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">Despite Scaramucci&#8217;s viewpoint, there is no official information that the lawsuit has finally <\/span><span data-preserver-spaces=\"true\">reached its conclusion<\/span><span data-preserver-spaces=\"true\">. <\/span><span data-preserver-spaces=\"true\">It has been ongoing for more than four years<\/span><span data-preserver-spaces=\"true\">, with some legal experts describing it as totally different from the aforementioned cases.<\/span><span data-preserver-spaces=\"true\">\u00a0<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">US attorney Jeremy Hogan recently\u00a0<a href=\"https:\/\/cryptopotato.com\/ripple-v-sec-lawsuit-heres-why-a-quick-resolution-is-unlikely\/\" target=\"_blank\" rel=\"noopener\" data-wpel-link=\"internal\">predicted<\/a> that the battle would most likely be resolved after a settlement rather than a dismissal.<\/span><\/p>\n<blockquote>\n<p><span data-preserver-spaces=\"true\">&#8220;The SEC broke up with Coinbase after a\u00a0<\/span><span data-preserver-spaces=\"true\">couple<\/span><span data-preserver-spaces=\"true\"> dates. Ripple and the SEC live together and have a baby,&#8221; he opined.\u00a0<\/span><\/p>\n<\/blockquote>\n<p><span data-preserver-spaces=\"true\">The Fox Business journalist Eleanor Terrett shared a similar thesis, outlining that Judge Torres has already <\/span><a class=\"editor-rtfLink\" href=\"https:\/\/cryptopotato.com\/ripple-fined-125m-in-lawsuit-against-sec-xrp-price-soars-20-immediately\/\" target=\"_blank\" rel=\"noopener\" data-wpel-link=\"internal\"><span data-preserver-spaces=\"true\">ordered<\/span><\/a><span data-preserver-spaces=\"true\"> a $125 million penalty on the firm for violating <\/span><span data-preserver-spaces=\"true\">certain<\/span><span data-preserver-spaces=\"true\"> rules.\u00a0<\/span><\/p>\n<h2><span data-preserver-spaces=\"true\">Negotiations for a Better Deal<\/span><\/h2>\n<p><span data-preserver-spaces=\"true\">The<\/span><span data-preserver-spaces=\"true\"> American lawyer James Murphy <\/span><span data-preserver-spaces=\"true\">also chipped in<\/span><span data-preserver-spaces=\"true\"> lately.<\/span><span data-preserver-spaces=\"true\"> He <\/span><a class=\"editor-rtfLink\" href=\"https:\/\/cryptopotato.com\/ripple-v-sec-lawsuit-why-the-battle-remains-unresolved-expert-insight\/\" target=\"_blank\" rel=\"noopener\" data-wpel-link=\"internal\"><span data-preserver-spaces=\"true\">suggested<\/span><\/a><span data-preserver-spaces=\"true\"> that the lawsuit remains unsolved because Ripple might be &#8220;trying hard to get the SEC to agree to vacate some or all of Judge Torres&#8217; decisions.&#8221;\u00a0<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">He agreed that the $125 million fine is &#8220;great&#8221; for Ripple and the XRP Army since it represents just a fraction of the $2 billion the SEC initially requested.<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">On the other hand, Murphy maintained that the findings that the company has breached some laws &#8220;is not great&#8221; for its reputation.<\/span><\/p>\n<blockquote>\n<p><span data-preserver-spaces=\"true\">&#8220;This is particularly true if Ripple is considering a future exempt securities offering or IPO. I believe the SEC would have accepted a settlement \u2013 where both sides dismiss their appeals and the SEC takes the $125 million penalty \u2013 in a heartbeat,&#8221; the expert added.<\/span><\/p>\n<\/blockquote>\n<p>The post <a href=\"https:\/\/cryptopotato.com\/is-the-ripple-v-sec-lawsuit-over-this-former-white-house-official-thinks-so\/\" rel=\"nofollow\">Is the Ripple v. SEC Lawsuit Over? This Former White House Official Thinks so<\/a> appeared first on <a href=\"https:\/\/cryptopotato.com\/\" rel=\"nofollow\">CryptoPotato<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"<p>The legal tussle dates back to December 2020 and is among the most intriguing topics in the crypto space. TL;DR While Anthony Scaramucci claims the Ripple lawsuit is over, no official confirmation exists, with experts predicting a settlement. US attorney James Murphy suggests the company is negotiating to vacate Judge Torres&#8217; rulings, which might explain why the case remains ongoing. The End of the Battle? A lot has happened in the cryptocurrency space since Donald Trump became America&#8217;s 47th President. Some of the major developments are centered on the legal saga between the US Securities and Exchange Commission (SEC) and certain digital asset entities.\u00a0 The agency, whose former anti-crypto Chairman Gary Gensler resigned on January 20, was succeeded by Mark Uyeda (who has an entirely different stance on the matter). Under his leadership, it dismissed its lawsuits against Coinbase, Kraken, Uniswap, and more. In a recent interview, former White House official Anthony Scaramucci claimed that the legal tussle between the SEC and Ripple is also over. The host of the conversation, Scott Melker (known as The Wolf of All Streets), agreed with this assumption.\u00a0 Despite Scaramucci&#8217;s viewpoint, there is no official information that the lawsuit has finally reached its conclusion. It has been ongoing for more than four years, with some legal experts describing it as totally different from the aforementioned cases.\u00a0 US attorney Jeremy Hogan recently\u00a0predicted that the battle would most likely be resolved after a settlement rather than a dismissal. &#8220;The SEC broke up with Coinbase after a\u00a0couple dates. Ripple and the SEC live together and have a baby,&#8221; he opined.\u00a0 The Fox Business journalist Eleanor Terrett shared a similar thesis, outlining that Judge Torres has already ordered a $125 million penalty on the firm for violating certain rules.\u00a0 Negotiations for a Better Deal The American lawyer James Murphy also chipped in lately. He suggested that the lawsuit remains unsolved because Ripple might be &#8220;trying hard to get the SEC to agree to vacate some or all of Judge Torres&#8217; decisions.&#8221;\u00a0 He agreed that the $125 million fine is &#8220;great&#8221; for Ripple and the XRP Army since it represents just a fraction of the $2 billion the SEC initially requested. On the other hand, Murphy maintained that the findings that the company has breached some laws &#8220;is not great&#8221; for its reputation. &#8220;This is particularly true if Ripple is considering a future exempt securities offering or IPO. I believe the SEC would have accepted a settlement \u2013 where both sides dismiss their appeals and the SEC takes the $125 million penalty \u2013 in a heartbeat,&#8221; the expert added. The post Is the Ripple v. SEC Lawsuit Over? This Former White House Official Thinks so appeared first on CryptoPotato.<\/p>","protected":false},"author":1,"featured_media":3042,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_uag_custom_page_level_css":"","footnotes":""},"categories":[1],"tags":[51,165,66],"channels-categories":[],"class_list":["post-3041","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-crypto-news","tag-crypto-news","tag-ripple","tag-sec"],"uagb_featured_image_src":{"full":["https:\/\/ourcryptoworld.com\/wp-content\/uploads\/2025\/03\/RippleSEC_CB-3.jpg",1201,720,false],"thumbnail":["https:\/\/ourcryptoworld.com\/wp-content\/uploads\/2025\/03\/RippleSEC_CB-3-150x150.jpg",150,150,true],"medium":["https:\/\/ourcryptoworld.com\/wp-content\/uploads\/2025\/03\/RippleSEC_CB-3-300x180.jpg",300,180,true],"medium_large":["https:\/\/ourcryptoworld.com\/wp-content\/uploads\/2025\/03\/RippleSEC_CB-3-768x460.jpg",768,460,true],"large":["https:\/\/ourcryptoworld.com\/wp-content\/uploads\/2025\/03\/RippleSEC_CB-3-1024x614.jpg",1024,614,true],"1536x1536":["https:\/\/ourcryptoworld.com\/wp-content\/uploads\/2025\/03\/RippleSEC_CB-3.jpg",1201,720,false],"2048x2048":["https:\/\/ourcryptoworld.com\/wp-content\/uploads\/2025\/03\/RippleSEC_CB-3.jpg",1201,720,false],"trp-custom-language-flag":["https:\/\/ourcryptoworld.com\/wp-content\/uploads\/2025\/03\/RippleSEC_CB-3-18x12.jpg",18,12,true],"post-thumbnail":["https:\/\/ourcryptoworld.com\/wp-content\/uploads\/2025\/03\/RippleSEC_CB-3-370x265.jpg",370,265,true],"kava-thumb-s":["https:\/\/ourcryptoworld.com\/wp-content\/uploads\/2025\/03\/RippleSEC_CB-3-150x85.jpg",150,85,true],"kava-thumb-s-2":["https:\/\/ourcryptoworld.com\/wp-content\/uploads\/2025\/03\/RippleSEC_CB-3-230x230.jpg",230,230,true],"kava-thumb-m":["https:\/\/ourcryptoworld.com\/wp-content\/uploads\/2025\/03\/RippleSEC_CB-3-400x400.jpg",400,400,true],"kava-thumb-m-vertical":["https:\/\/ourcryptoworld.com\/wp-content\/uploads\/2025\/03\/RippleSEC_CB-3-370x500.jpg",370,500,true],"kava-thumb-m-2":["https:\/\/ourcryptoworld.com\/wp-content\/uploads\/2025\/03\/RippleSEC_CB-3-570x450.jpg",570,450,true],"kava-thumb-l":["https:\/\/ourcryptoworld.com\/wp-content\/uploads\/2025\/03\/RippleSEC_CB-3-1170x650.jpg",1170,650,true],"kava-thumb-xl":["https:\/\/ourcryptoworld.com\/wp-content\/uploads\/2025\/03\/RippleSEC_CB-3.jpg",1201,720,false],"kava-thumb-masonry":["https:\/\/ourcryptoworld.com\/wp-content\/uploads\/2025\/03\/RippleSEC_CB-3-600x360.jpg",600,360,true],"kava-thumb-justify":["https:\/\/ourcryptoworld.com\/wp-content\/uploads\/2025\/03\/RippleSEC_CB-3-640x640.jpg",640,640,true],"kava-thumb-justify-2":["https:\/\/ourcryptoworld.com\/wp-content\/uploads\/2025\/03\/RippleSEC_CB-3-1201x640.jpg",1201,640,true],"woocommerce_thumbnail":["https:\/\/ourcryptoworld.com\/wp-content\/uploads\/2025\/03\/RippleSEC_CB-3-500x300.jpg",500,300,true],"woocommerce_single":["https:\/\/ourcryptoworld.com\/wp-content\/uploads\/2025\/03\/RippleSEC_CB-3-700x420.jpg",700,420,true],"woocommerce_gallery_thumbnail":["https:\/\/ourcryptoworld.com\/wp-content\/uploads\/2025\/03\/RippleSEC_CB-3-100x100.jpg",100,100,true]},"uagb_author_info":{"display_name":"crypto","author_link":"https:\/\/ourcryptoworld.com\/el\/author\/crypto\/"},"uagb_comment_info":1,"uagb_excerpt":"The legal tussle dates back to December 2020 and is among the most intriguing topics in the crypto space. TL;DR While Anthony Scaramucci claims the Ripple lawsuit is over, no official confirmation exists, with experts predicting a settlement. US attorney James Murphy suggests the company is negotiating to vacate Judge Torres&#8217; rulings, which might explain&hellip;","_links":{"self":[{"href":"https:\/\/ourcryptoworld.com\/el\/wp-json\/wp\/v2\/posts\/3041","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/ourcryptoworld.com\/el\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/ourcryptoworld.com\/el\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/ourcryptoworld.com\/el\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/ourcryptoworld.com\/el\/wp-json\/wp\/v2\/comments?post=3041"}],"version-history":[{"count":0,"href":"https:\/\/ourcryptoworld.com\/el\/wp-json\/wp\/v2\/posts\/3041\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/ourcryptoworld.com\/el\/wp-json\/wp\/v2\/media\/3042"}],"wp:attachment":[{"href":"https:\/\/ourcryptoworld.com\/el\/wp-json\/wp\/v2\/media?parent=3041"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ourcryptoworld.com\/el\/wp-json\/wp\/v2\/categories?post=3041"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ourcryptoworld.com\/el\/wp-json\/wp\/v2\/tags?post=3041"},{"taxonomy":"channels-categories","embeddable":true,"href":"https:\/\/ourcryptoworld.com\/el\/wp-json\/wp\/v2\/channels-categories?post=3041"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}