Joshua Dalton, founder of Triblu LLC, has suggested that the U.S. Securities and Exchange Commission (SEC) will dismiss its case against Ripple “today or tomorrow.” His post, made on March 5, 2025, suggests the resolution could come on March 6 when the SEC has a closed meeting scheduled.
Meanwhile, former White House official Anthony Scaramucci has hinted that the SEC has already dropped its lawsuit against Ripple. While no official confirmation has been issued, these statements have intensified discussions within the cryptocurrency industry.
SEC will announce that they will dismiss Ripple $XRP case today or tomorrow.
Just in time for the Crypto Summit this Friday, March 7.
Stay tuned.
— Joshua Dalton (@J9Dalton) March 5, 2025
Is the Ripple Lawsuit About to End?
Since December 2020, Ripple has been engaged in a legal battle with the SEC, which accused the company of conducting an unregistered securities offering through its XRP token. The case has become a defining one for crypto regulation in the U.S., drawing widespread attention from industry leaders and policymakers and setting important precedents.
The SEC is scheduled to hold a closed-door meeting on March 6, 2025, to discuss legal matters, including potential settlements and enforcement actions. This meeting is taking place just a day before the White House Crypto Summit, further intensifying speculation that a resolution to the Ripple case may be imminent.
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White House Crypto Summit and Ripple’s Presence
The White House Crypto Summit, scheduled for March 7, marks the first-ever crypto-based event hosted by the U.S. government. To be chaired by David Sacks, the summit will bring key figures from the crypto industry together to discuss regulation.
Ripple CEO Brad Garlinghouse is among the invitees, a fact that makes many in the XRP community believe that a settlement or dismissal of the case could happen anytime soon. His presence at the summit strongly indicates Ripple’s growing influence in regulatory discussions.
Possible Implications for the Crypto Industry
If the SEC formally dismisses its lawsuit against Ripple, it could mark a turning point for crypto regulation in the U.S. The regulator has dismissed its case against Coinbase and multiple cryptocurrency companies. Dismissing the Ripple lawsuit would end what is known as the most high-profile crypto-related lawsuit.
The timing of the SEC’s meeting and the White House summit suggests that a significant shift in U.S. crypto policy may be underway. The coming days will determine whether these speculations translate into concrete regulatory action.
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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