Crypto VC firm founder Yassin Mobarak suggests that the SEC may drop its case against Ripple to avoid attracting negative attention. Mobarak believes the regulator is using litigation to perpetuate uncertainty in the crypto industry. The legal dispute between Ripple and the SEC began in December 2020, and Ripple won its latest victory when the SEC's appeal request was rejected. 🚀🏛️

According to Yassin Mobarak, it is not appropriate for the regulator to hold a hearing where the SEC's "corruption could be exposed". He also claimed that XRP could solidify clarity in the crypto market, which could put the SEC's agenda at risk. Most users believe such a scenario is unlikely, given the SEC's determination in its previous cases. Some predict that the Commission will not give in in favor of Ripple, but will try to delay the outcome as long as possible.