The ongoing legal case between Ripple Labs and the SEC may experience changes following Donald Trump's political victory, which has raised questions about future crypto regulations.
Pro-XRP lawyer James Murphy believes the case could soon conclude, focusing on whether the SEC will obtain the $125 million in escrow or if negotiations will return funds to XRP holders. Attorney John Deaton argued that the impacted XRP investors, not the SEC, should receive compensation, criticizing the SEC for harming rather than protecting investors.
Murphy also predicted that SEC Chairman Gary Gensler might resign, allowing Trump to appoint new leadership, potentially affecting the Ripple case's direction. Rippleās legal battle may continue until at least summer 2024.
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