On March 25, 2025, XRP enthusiast Zach Rector shared a post regarding the legal battle between the U.S. Securities and Exchange Commission (SEC) and Ripple. According to Rector, the SEC Commissioners will hold a vote on March 27 to finalize their decision to end the appeal against Ripple.
He stated that an official announcement would follow soon after. This development comes after the SEC agreed to dismiss its appeal against Ripple, marking a significant moment for the cryptocurrency industry.
The image attached to the Rector’s post showed a Sunshine Act notice for a closed SEC meeting scheduled for March 27, 2025. While the official agenda of this meeting has not been disclosed, the timing suggests it could include discussions related to the Ripple case. According to Rector, the first hearing to confirm Paul Atkins as the new SEC Chair will happen the same day.
XRP Case Conclusion Prediction
On Thursday March 27th the SEC Commissioners will conduct the “official” vote to end their appeal against Ripple. Official announcement will follow shortly. This very same day we have the first hearing to confirm incoming Chair of the SEC Paul… pic.twitter.com/hmfXwZGPPT— Zach Rector (@ZachRector7) March 24, 2025
The End of the SEC’s Battle Against Ripple
The lawsuit between the SEC and Ripple has been ongoing since December 2020, when the SEC accused Ripple of conducting an unregistered securities offering through its XRP token sales.
Over the years, the case has seen multiple notable rulings, including Judge Analisa Torres’s 2023 decision that XRP was not a security in secondary sales and the August 2024 ruling that imposed a $125 million penalty on the company.
The SEC’s subsequent appeal attempts have not changed any of these rulings, and the regulator’s decision to drop the appeal follows recent dismissals of other crypto-related lawsuits and investigations. This dismissal would mark a major victory for Ripple and the broader cryptocurrency industry, and the results could be a notable precedent for digital asset regulation.
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The SEC Meeting and Possible Announcement
The SEC’s Sunshine Act notice confirms that a closed meeting will occur on March 27, 2025, at 2:00 p.m. ET. While the notice does not specify the topics under discussion, Rector and others in the cryptocurrency community speculate that the formal vote to end the Ripple appeal could be included. If the vote occurs as expected, an official announcement could follow.
This dismissal is a major step toward the future. It coincides with the confirmation hearing of Paul Atkins, the man Donald Trump has nominated to bring the SEC into a new era of proper regulatory practices. The timing of this meeting, combined with the recent lawsuit dismissals, raises expectations that the Ripple lawsuit’s resolution could be confirmed soon.
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