The crypto community is rife with speculation regarding a potential resolution in the Ripple 
$1 case, just ahead of the first meeting led by SEC Chairman Mark Uyeda. However, former SEC attorney Marc Fagel has indicated that these expectations could be unfounded.
Is the Ripple Case Coming to an End?
Former SEC attorney Fagel has dismissed expectations for a resolution to the Ripple SEC case after Thursday’s closed meeting. Uncertainty remains about whether the XRP case will conclude anytime soon.
This meeting is a regular occurrence, scheduled nearly every week. They will vote on previously added proposals. Those hoping for significant developments are likely to be disappointed.
Fagel’s remarks coincided with a report from Fox Business journalist Eleanor Terrett, who announced that this week marks Uyeda’s first closed meeting since his appointment. The meeting also involves the efforts of the Crypto Task Force established under Hester Peirce’s leadership.
Delay Possibilities and Expectations
Fagel noted that if the Trump administration were to provide a resolution, results might come after Paul Atkins assumes his presidency. During this time, experts like MetaLawMan have suggested that the SEC may soon disclose Bill Hinman’s conflict of interest report.
There is no need to wait for Paul Atkins to begin a simple transparency initiative.
Despite recent developments, the crypto community continues to hold onto hopes for a resolution between Ripple and the SEC. However, it remains unclear how the closed meeting will impact the case.
Should the legal process prolong, the actions of XRP investors and related parties will remain a point of curiosity.
