⚈ The co-founder of Ripple Chris Larsen meets the SEC commissioner, Paul Atkins, in the midst of the delays of the ETF.
⚈ Estimates from legal experts Ripple c. Sec the case cannot end before October 2025.
⚈ XRP is negotiated at $ 2.24 with a whale activity alluding to a possible bullish feeling.
The Ripple c. Dry could soon see a major development in all the hopes of its conclusion.
Chris Larsen, co-founder and executive president of Ripple, should today meet the commissioner of titles and exchanges (sec), Paul Atkins, according to a May 2 x post of the pseudonym cryptography analyst Brett crypto.
The time of the meeting has led to speculations on what is happening on the agenda – in particular given the recent delay of the Commission in the provision of a decision concerning the long -awaited fund (ETF) of Franklin Templeton.
If the news that has been announced by the analyst are credible, the meeting could represent an important step in the long -standing case of Ripple c. DRY. That being said, it remains unlikely that the legal battle will see a definitive conclusion in the short term.
Here is why the case ripple v. Dry will most likely last a little longer
While many in the cryptocurrency space welcomed the appointment of Paul Atkins as a key catalyst that could lead to a rapid resolution, it is ultimately a legal question – and in legal matters, of the smallest things.
To put it in a slightly less verbous way, an overview of the James Farrell procedure, a crypto lawyer who was previously employed at the Commission, put the date as old as possible for the end of the Ripple c case. SEC in October 2025 – With the worst case placing the end of the legal battle in January 2027.
The Farrell contour has highlighted each step that must be taken so that the question is resolved, as well as the time usually associated with the processes in question. The legal expert also applied that the delay in the end of the Ripple v. SEC is more a question of the Commission which is not yet ready to write new legislation.
Currently, XRP is negotiated at $ 2.24, which has rejected a support test at $ 2.20 earlier in the day. Although the token noted a 0.14% drop in the price in the last 24 hours, an increase in the accumulation of XRP whales could refer to a bullish underlying below what seems to be a neutral surface to essential.
That being said, Larsen's meeting with the commissioner is always a positive development – but which is unlikely to have an effect on XRP prices.
Star image via Shutterstock
