Ex-SEC Lawyer Says Larsen-Atkins Meeting Today Won’t End Ripple Case

By: cryptosheadlines|2025/05/02 17:15:01
Share
copy
Airdrop Is Live CaryptosHeadlines Media Has Launched Its Native Token CHT. Airdrop Is Live For Everyone, Claim Instant 5000 CHT Tokens Worth Of $50 USDT. Join the Airdrop at the official website, CryptosHeadlinesToken.com Ripple’s Executive Chairman and Co-founder Chris Larsen is reportedly scheduled to meet with new SEC Chair Paul Atkins on May 2, 2025. The meeting comes amid Ripple’s ongoing legal battle with the U.S. Securities and Exchange Commission (SEC), a case that has dragged on for years and significantly impacted the future of XRP.What Makes This Meeting Important?Paul Atkins, the newly appointed SEC Chair, is no stranger to crypto. A former SEC Commissioner, Atkins recently spoke out in favor of clearer crypto regulation and even proposed the idea of a “regulatory sandbox” to allow blockchain innovation to grow safely in the U.S.Insiders speculate that this meeting might lead to real progress — possibly even a settlement in the Ripple-SEC case or discussions around approving a spot XRP ETF. While nothing has been officially confirmed, the timing and high-profile nature of the meeting are raising hopes across the crypto community.XRP ETF: Hype or Hope?Adding to the excitement, Bloomberg ETF analyst Eric Balchunas recently suggested there’s an 85% chance that an XRP ETF could be approved in 2025. If true, this would mark a significant milestone for Ripple and boost investor confidence.XRP has been trading strongly around $2.23, gaining more than 1% in the past 24 hours ahead of the meeting. However, the price did briefly slip to $2.12 after the SEC delayed its review of several crypto-related filings.Will This End the Ripple-SEC Battle?While many are hopeful this meeting could lead to a breakthrough or settlement, not everyone is convinced. Former SEC attorney Marc Fagel dismissed the idea, saying on social media, “No. That’s not how this works.”No. That’s not how this works.— Marc Fagel (@Marc_Fagel) May 2, 2025So, while today’s meeting could mark a turning point, expectations should remain grounded. The official agenda remains confidential — but the crypto world will be watching closely.Source link

You may also like

DeFi 2.0 Explosion Post-Disorderly Restructuring in 2026

The further disordered reorganization of the macro environment, and the consequent drive toward the DeFi 2.0 explosion, both have clear trends and inevitability.

Fed's Latest Meeting Minutes: Divergence Persists, But "Most" Officials Advocate Continued Rate Cuts

Most participants support a rate cut in December, with a few indicating that this decision was finely balanced and they might have supported standing pat. Those in favor of a rate cut generally pointed to the increased downside risks to employment seen in recent months.

AI Trading in Crypto: How Traders Actually Apply AI in Real Crypto Markets

Artificial intelligence has moved beyond experimentation in crypto markets. In 2025, AI-driven trading tools are increasingly used by traders who want better discipline, faster execution, and more structured decision-making in volatile markets. This guide explains how AI is actually used in crypto trading, step by step — with a focus on how these strategies are executed in real trading environments.

The first large-scale adoption of a "yield-bearing stablecoin" was in China

The digital renminbi has transitioned from "digital cash" to "digital currency".

Market Update — December 31

From South Korea and the OECD accelerating the implementation of crypto regulation and compliance frameworks, to the simultaneous development of TAO ETFs, privacy technologies, mining, and Bitcoin reserves, while security incidents and financial losses continue to rise, the crypto market has entered a new phase amid multiple challenges of "strong regulation + technological evolution + amplified risks."

Lighter Token Distribution Sparks Controversy, Zama Launches USDT Private Transfers, What is the Overseas Crypto Community Talking About Today?

What have foreigners been most interested in for the past 24 hours?

Popular coins

Latest Crypto News

Read more