Ripple SEC appeal

Ripple vs SEC XRP Community Seeks Resolution

Altcoin News

The legal battle between Ripple Labs and the U.S. Securities and Exchange Commission (SEC) has long reached a pivotal moment—the XRP community calls on newly appointed SEC Chair Mark Uyeda to drop the agency’s appeal.

XRP Community Seeks Resolution in SEC Appeal

It is essential to state that since the SEC filed its appeal on October 2, 2024, challenging Judge Analisa Torres’ rulings on programmatic sales and other distributions, XRP supporters have been vocal about their frustration.  Many community members, spearheaded by X user Tanner, believe the SEC’s continued pursuit of the case is unnecessary. This is because of the court’s ruling that XRP’s public sales did not violate securities laws.

They are permanently enjoined to the court. An Acting Chairman resolving a complex case like Ripple’s would be uncommon. Ripple’s request for an extension to April 16th might be in anticipation of Atkins’ arrival. At least this is my take on it all. — Sherrie (@CherryEmpress21) March 8, 2025

Some speculate that Ripple’s request for the brief extension until April 16th may be tied to Uyeda’s potential leadership shift. The firm is likely anticipating a more pragmatic resolution under his watch. In addition, prominent figures in the crypto community have suggested a compromise. They want Ripple and the SEC to drop their appeals and agree to revise the $125 million penalty currently in escrow.

XRP Community Optimistic Under Uyeda’s Leadership

Mark Uyeda’s appointment as US SEC chairman has revived hope that the Ripple v. SEC matter would be settled. Setting the situation, Uyeda has a history of denouncing the SEC for abusing its regulatory authority, and his leadership has thus so far shown a retreat from strict application of policies. In October 2023 the SEC dismissed all allegations against Ripple executives following just closing their investigation against Coinbase. These acts are seen by the crypto world as the SEC’s stance softening.

XRP Community

However, the ongoing Ripple lawsuit appeal remains a central sticking point. The XRP community argues that if Uyeda truly wants to address the regulatory missteps of the past, dismissing the SEC’s appeal would be a decisive step. Proponents say it will restore trust and set a new direction for crypto regulation.

Ripple Pushes for Crypto Clarity Amid SEC Case

At the same time, the policy activities of Ripple Labs in the US have been intensifying. It is liaising with legislators and blockchain organisations in an attempt to support open cryptocurrency policies. The group’s activities reflect industry needs for clear rules, not hinder innovation, utilizing litigation.

All eyes are focused on the regulator’s next move as the case with the US SEC progresses. Will Uyeda take action to end the Ripple lawsuit appeal and bring long-awaited closure? The XRP community is watching closely.

Also, Ripple CEO Brad Garlinghouse has commended President Donald Trump’s Strategic Reserve vision of a crypto strategic reserve, which might include XRP. He also expressed excitement that the industry is moving past the Biden administration’s regulatory approaches.

Final Thoughts

Apart from a simple legal dispute, the Ripple-SEC lawsuit has become a turning point in the bitcoin sector. Apart from resolving this problem, the XRP community also wants a more open and uniform legal framework. With the new leadership shift at the SEC and the growing need for clarity, the next months show enormous promise for determining the direction of crypto laws in the US. The SEC’s move to revoke its appeal could represent a turning point that drives creativity and rebuilds confidence in the legislative process.

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