Charlie Gasparino, a senior correspondent at FOX Business and columnist for the New York Post, recently shared some eye-opening insights regarding the Ripple and SEC case during an appearance on Anthony Pompliano’s podcast. Gasparino did not hold back in expressing his skepticism about the SEC’s handling of the legal battle, labeling the regulation as unnecessary.
He revealed that there might be a chance the court’s ruling could be reversed, which would once again place Ripple under legal threat. Special attention was given to the potential political changes that could influence the case, particularly referencing Donald Trump. Gasparino stated, “I think there’s a chance it gets reversed and XRP and Ripple’s back on the hook. The SEC may drop the whole thing now that Trump’s in there.”
This comment raises eyebrows, especially as Gasparino emphasizes he maintains neutrality in the ongoing crypto debate. He plans to report on the case objectively, with no personal stakes in XRP.
As the SEC gears up for a potential shake-up, attention turns to the implications of incoming chair Paul Atkins following Gary Gensler’s resignation coinciding with Trump’s inauguration. The SEC has requested a 90-day extension for its appeal, pushing critical deadlines past the upcoming US Presidential Election. By January 15, the agency must file its appeal, and by December 31, the transcripts for the appeal will be ordered, with a full delivery expected by January 30, 2025.
March 2025 marks a pivotal moment where the plaintiff will present arguments against both Ripple and its CEO, Brad Garlinghouse. Ripple Labs and Garlinghouse will need to respond by April 7, setting the stage for a high-stakes showdown.
For those keeping a close eye on XRP’s journey, questions about the impact of this legal saga on its future persist. Gasparino’s commentary suggests that political shifts and new SEC leadership might indeed alter the course of this pivotal case.
As events unfold, stay tuned for the latest updates, expert analysis, and the demographic trends influencing Bitcoin, altcoins, DeFi, NFTs, and beyond.
