đđđ How Trumpâs Win Could Shift the #Rippleđ° vs. #SECAppeal Timeline, According to Experts
Pro-XRP lawyer John Rispoli recently projected that Donald Trumpâs win as U.S. president-elect could expedite the Ripple lawsuit appeal timeline. Originally, Rispoli estimated that the U.S. Court of Appeals for the Second Circuit might resolve the case by 2026, but now he expects a sooner resolution, given Trumpâs pro-crypto stance.
How Trumpâs Victory Could Affect Ripple Appeal Timeline
- Rispoli suggests Trump may be aware of the Ripple lawsuit, given Rippleâs legal officer Stuart Alderotyâs discussions and his $300,000 XRP contribution to Trumpâs campaign. Rispoli foresees a possible SEC leadership change by early 2025 under Trump, potentially enabling a Ripple lawsuit settlement.
Two Potential Settlement ScenariosRispoli outlined two potential outcomes for a settlement under the current and potential new SEC leadership:
1. Settlement Under Existing SEC Leadership
- Rispoli suggested that the current SEC leadership might opt for a quick settlement, following the recent court verdict imposing a $125 million fine on Ripple and a permanent injunction against future XRP institutional sales. He believes the SEC could move forward with this outcome before any new leadership takes charge.
2. Settlement Under New SEC Leadership
-If new leadership takes over by spring 2025, Rispoli expects they might approach the Ripple case with a less aggressive stance, viewing the lawsuit as âidiotic.â This leadership might settle for a lesser penalty, with terms ensuring Rippleâs institutional XRP sales do not violate securities laws.
In summary, Rispoli revised his original 2026 timeline, now seeing a potential settlement as a realistic near-term outcome. This could involve strict terms under current SEC leadership or more favorable conditions if crypto-friendly officials come into power under Trumpâs administration.
