As the lawsuit between Ripple $2 and the U.S. Securities and Exchange Commission (SEC) continues, legal expert Fred Rispoli emphasizes the significance of April 16, 2025. Rispoli noted that the process could progress without adhering to a specific timeline. While the cryptocurrency community closely monitors developments in the case, some experts warn that the process may extend further.
Legal Expert Rispoli Shares Insights
Fred Rispoli shared his thoughts on the case through social media. He expressed that the lawsuit may not follow an official timetable and that there is potential for acceleration in the process.
Rispoli’s statement, “Let’s keep an eye on it…and hope,” sparked a glimmer of hope within the cryptocurrency community. However, predictions regarding possible delays due to the lawsuit’s complexity are also prevalent.
Potential Delays in the Case
Legal experts Jeremy Hogan and MetaLawMan suggested that the intricate nature of the case could lead to delays. The impacts of Judge Torres’ previous decisions and the SEC’s request for a $125 million penalty may prolong the process. While there is a possibility for settlement, mutual requests from both parties could result in further delays.
Community members speculate that clarity could emerge in April, May, June, or July, while Rispoli implied that the process should not extend beyond September. His comment, “I’m sure you won’t reject August?!” was interpreted as an indication that the case is nearing its final stages.
Additionally, there are claims that the SEC might consider abandoning its appeal process. The progression of the legal proceedings will depend on the court’s decisions and the positions of the involved parties. The cryptocurrency community eagerly awaits the conclusion of the process as they closely track developments.