The legal battle between Ripple Labs and the U.S. Securities and Exchange Commission (SEC) has long reached a pivotal moment. The XRP community is calling on newly appointed SEC Chair Mark Uyeda to drop the agency’s appeal.
Ripple Community Chatter on SEC Case
It is important 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.
Spearheaded by X user, Tanner, many community members 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.them permanently enjoined to the court. An Acting Chairman resolving a complex case like Ripple’s would be rather uncommon. The fact that Ripple requested 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 both Ripple and the SEC to drop their appeals and agree to revise the $125 million penalty currently in escrow. This would allow Ripple to move forward without the lingering uncertainty of legal proceedings. It will also enable the SEC to avoid further reputational damage from a prolonged fight.
New US SEC and End to Crypto Litigations
With Mark Uyeda now acting as chairman of the US SEC, there is renewed hope that a resolution could be reached in the Ripple versus SEC case. For context, Uyeda has been critical of the SEC’s regulatory overreach in the past, and his leadership thus far has signaled a shift away from aggressive enforcement actions.
The SEC dropped its charges against Ripple executives in October 2023. In addition, the SEC closed the Coinbase lawsuit recently. Crypto community members believe that these moves mark a softening position on the SEC’s side.
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 argue that it will restore trust and set a new direction for crypto regulation.
Ripple Labs Policy Initiatives
Meanwhile, Ripple Labs has continued to strengthen its policy efforts in the United States. Presently, it is engaging with lawmakers and blockchain associations to advocate for clear cryptocurrency regulations. The organization’s efforts align with broader industry calls for regulatory clarity that gives room for innovation rather than stifling it through litigation.
As the case with the US SEC progresses, all eyes are on the regulator’s next move. 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 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
The SEC is being pressured by the XRP’s $4.84 Billion Rise community to withdraw its appeal in the Ripple Labs v. SEC case, which is nearing a turning point. The appointment of Mark Uyeda as SEC Chair raises the prospect of a more practical solution. Ripple may be expecting a change in strategy, as seen by their request for a short extension. The cryptocurrency community is urging a compromise to put an end to the ambiguity and proceed. As Ripple persists in advocating for more transparent crypto legislation, the outcome of this case may influence future regulations about digital assets.
