Paul Atkins

Chair

Gary

<p>It looks like the clouds are clearing for Ripple as recent events have given it a boost, possibly changing the course of its legal battle. Trump’s promise to fire SEC Chair Gary Gensler on day one seems to be coming true, as <a href="https://coinpedia.org/news/big-breaking-sec-chair-gary-gensler-officially-resigns/" target="_blank" rel="noreferrer noopener">Gensler announced his resignation</a> on January 20, the same day Trump is inaugurated. This big news helped push XRP to new yearly highs.&nbsp;</p>   
<p>Plus, Ripple’s RLUSD launched on December 17, taking a big step toward global growth. Meanwhile, SEC Commissioner Caroline Crenshaw became a target of the crypto community due to her strong anti-crypto stance and was denied renomination. All of these events could lead to something big on January 15, especially with <a href="https://coinpedia.org/news/gary-genslers-rule-ends-can-paul-atkins-reverse-cryptos-sec-nightmare/" target="_blank" rel="noreferrer noopener">Paul Atkins soon taking over as SEC Chair</a>. Many are hopeful that this will bring a more relaxed approach to crypto regulation.</p>   
<h2 class="wp-block-heading" id="h-what-will-happen-on-january-15"><strong>What Will Happen on January 15?</strong></h2>   
<p>The SEC has requested an extension to file its principal brief in the ongoing XRP lawsuit with Ripple Labs. The new deadline for filing is set for January 15, 2025. According to attorney Fred Rispoli, this part of the case is strictly about paperwork — no new evidence or jury trial. There are two appeals in process: one from the SEC and another from Ripple, called a "cross-appeal."&nbsp;</p>   
<p>Each side will submit an opening brief, followed by an opposition brief, and then a reply brief. Afterward, there will be a 15-minute oral argument in front of three judges<a href="https://www.youtube.com/watch?v=gxMgpFWSJiw&amp;t=1361s" target="_blank" rel="noreferrer noopener nofollow">. Fred said that while </a>the argument is brief, it will be crucial, as the judges’ questions can provide insight into their initial thoughts on the case. However, he also said that the entire process could take up to a year and a half, despite the short duration of the oral argument.</p>   
<p class="has-background" style="background-color:#e9f0ff"><strong>Ripple vs. SEC drama heats up will the outcome boost XRP? Reda <a href="https://coinpedia.org/price-prediction/xrp-ripple-price-prediction/" target="_blank" rel="noreferrer noopener">XRP price prediction</a> points to a potential surge as key decisions loom.</strong></p>   
<p>Even if the legal case continues, supporters remain optimistic that the new government will implement the right measures to support the crypto industry. Another bullish development is that Empower Oversight is urging Congress to release an SEC Inspector General report on former chairman Jay Clayton’s actions. This report could bolster their investigation before Clayton is confirmed as U.S. Attorney for the Southern District of New York.</p>   [article_inside_subscriber_shortcode title="Never Miss a Beat in the Crypto World!" description="Stay ahead with breaking news, expert analysis, and real-time updates on the latest trends in Bitcoin, altcoins, DeFi, NFTs, and more." category_name="News" category_id="6"]   
<h2 class="wp-block-heading" id="h-faqs">FAQs</h2>   
<div class="schema-faq wp-block-yoast-faq-block">
 <div class="schema-faq-section" id="faq-question-1734521617482">
  <strong class="schema-faq-question">Did Ripple win the SEC case?</strong> 
  <p class="schema-faq-answer">Ripple hasn't won yet, but legal progress and upcoming decisions in January 2025 could tilt the case in Ripple's favor.</p> 
 </div> 
 <div class="schema-faq-section" id="faq-question-1734521624416">
  <strong class="schema-faq-question">Can XRP reach $10 in the future?</strong> 
  <p class="schema-faq-answer">XRP's price may reach $10 if Ripple wins its legal battle and SEC regulations become more favorable for crypto assets.</p> 
 </div> 
 <div class="schema-faq-section" id="faq-question-1734521636185">
  <strong class="schema-faq-question">Is XRP expected to skyrocket in 2025?</strong> 
  <p class="schema-faq-answer">XRP could see significant gains if new SEC leadership favors crypto, with Ripple’s legal battle and market momentum boosting growth.</p> 
 </div> 
</div>

Gensler Gone, Crenshaw Out, RLUSD Live: Ripple vs SEC Final Showdown on Jan 15?

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