SEC Overhauls Crypto Lawsuits—Could Ripple Be Close to Winning?
The SEC is prioritizing cryptocurrency cases with upcoming court deadlines while pausing others. Including the Ripple and Kraken cases.
Ripple’s next deadline is set for April 16, while Kraken’s is March 31. Other cases, like Binance and Coinbase, have been delayed or extended. Analysts speculate that a leadership transition within the SEC could be imminent as Paul Atkins, President Trump’s nominee for SEC chair, nears confirmation. Meanwhile, the SEC’s crypto task force, led by Commissioner Hester Peirce, aims to establish a clearer regulatory framework for digital assets.
The Biden administration’s recent initiatives. Including a Presidential Working Group on Digital Assets, are also shaping the future of crypto regulations in the U.S.
Clever Robot News Desk 22th February 2025
