Hogan Comments On Chance of Incoming SEC Chair to Drop Ripple-XRP Case, States Timeline

Prominent attorney and crypto advocate Jeremy Hogan recently shared his insights regarding the potential settlement of the Securities and Exchange Commission (SEC) case against Ripple. According to the attorney, the protracted lawsuit might end before the middle of 2025.

In response to a question from a community member on X about the likelihood of a settlement under the incoming administration, Hogan expressed optimism. He stated, “I definitely think that’s the most likely scenario.”

He pointed to the non-fraud nature of the case and the absence of harmed investors as key reasons a resolution could be reached. Hogan also noted that the timing remains uncertain but suggested it could happen by “April or May” of 2025.

Notably, Ripple’s Chief Legal Officer (CLO) Stuart Alderoty recently called for the SEC to drop all non-fraud lawsuits, while laying out rules for regulating cryptocurrencies in 2025.

Will the SEC Drop the Lawsuit Against Ripple?

This outlook aligns with the evolving political and regulatory landscape in the U.S. President-elect Donald Trump, a known advocate for cryptocurrency, is to take office in January 2025.

Trump has nominated Paul Atkins, a crypto-friendly figure, to replace outgoing SEC Chair Gary Gensler. The appointment of Atkins is widely viewed as a potential turning point for Ripple and other crypto-related legal disputes.

The lawsuit against Ripple has been a focal point in the broader debate about cryptocurrency regulation in the U.S. A significant portion of the crypto community believes that the end of the lawsuit could pave the way for clearer regulatory frameworks and enhanced adoption of digital assets.

XRP has also seen a resurgence in 2024, reaching its highest value since 2018. The anticipation of regulatory clarity under the new administration has contributed to this upward momentum.

Many industry observers believe that resolving the case would benefit Ripple and establish a precedent for other cryptocurrencies facing similar regulatory scrutiny.

Hogan’s assessment of a likely settlement by mid-2025 reflects the growing optimism in the crypto market. The absence of fraud allegations or evidence of investor harm in the Ripple case strengthens the argument for a settlement rather than prolonged litigation. Such an outcome would align with broader industry calls for a balanced regulatory environment that fosters innovation while protecting investors.

Disclaimer: This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are urged to do in-depth research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses.

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