Opinion: SEC will drop charges against Ripple executives

The SEC's civil trial against Ripple and its executives Brad Garlinghouse and Chris Larsen is scheduled to begin on April 23, 2024.

However, the founder of Dizer Capital, Yassin Mobarak, believes that before this time the SEC will drop charges against the project leaders.

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Mobarak said the SEC is not interested in "a trial that could expose their corruption." He also noted that the regulator’s plans are much more ambitious, so the Commission will strive to complete the case as soon as possible, file an appeal and thereby maintain uncertainty in the industry.