Andrew often discusses crypto, finance, and business in his latest X posts, suggesting that the two-second sources could be holding some important expectations and that Ripple’s case may be approaching conclusions.
Update: *I consider the two SEC sources @Ripple cases very close to the ending. Some expected results:
• “Expect $XRP so $XRP is seriously considered.”
• “It’s significantly reduced”
• “The new leadership knows about this case and how they handle it is a big deal.– Andrew (@AP_ABACUS) March 17, 2025
Is XRP considered a product?
He said XRP is likely to be considered more seriously as a product that changes legal status and market treatment. Additionally, fine ripple surfaces can be significantly reduced, offering a much lighter penalty than initially expected. The new SEC leadership understands the importance of this case and understands that their decisions will shape future cryptocurrency regulations.
What’s more, the outcome of this case could have lasting implications for the entire crypto market, and could reconstruct how digital assets are regulated in the US.
Interestingly, lawyer Fred Rispoli responded to the post saying that he doesn’t believe Andrew’s sources when he says negative things about XRP, but believes them when they’re positive. “It’s not hypocrisy. He quoted.
Injunction: Major Hurdles
Additionally, crypto attorney Bill Morgan responded to Andrew’s post, saying that the first and third points make sense, but the injunction remains an issue. Judge Torres’ decision suggests that XRP could be considered a merchandise, but a permanent injunction limits Ripple’s ability to sell XRP to US agencies, creating uncertainty about that aspect.
The first and third bullet points are plausible, but something needs to happen with regard to the injunction. Judge Torres’ reasoning in the summary judgment decision is consistent with the XRP token being classified as a commodity within the regulatory framework but permanent… https://t.co/a1vmf2pe8k
– Bill Morgan (@belisarius2020) March 17, 2025
Previously, Fox business journalist Eleanor Terrett hinted that the Ripple lawsuit could soon end. This is because the SEC works to freeze or terminate legal action against other crypto companies such as Coinbase, Binance, Uniswap, and Consensys.
Several cryptography experts responded to the report. Crypto expert Yassin Mobarak, founder of Dizer Capital, said Ripple didn’t consider the $125 million fine as an issue. He emphasized that injunctions are a key issue and would hinder the resolution of the lawsuit. He believes Ripple is negotiating to lift the injunction and is now blocking the XRP from selling it to agencies.
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