Meeting Between Ripple Chairman and New SEC Chair: Ex-SEC Lawyer States Key Point

By: times tabloid|2025/05/03 14:15:01
0
Share
copy
Ripple’s Executive Chairman and co-founder, Chris Larsen, recently met with newly appointed U.S. Securities and Exchange Commission (SEC) Chair Paul Atkins in a closed-door session that immediately sparked widespread attention across the XRP community. The highly anticipated meeting has fueled speculation about a possible resolution to the years-long legal battle between Ripple Labs and the SEC. However, former SEC Regional Director and legal expert Marc Fagel has reiterated that such a meeting cannot bring about a judicial conclusion in an ongoing federal case.The buzz originated from the XRP community on X, where prominent users posed the question of whether this historic meeting could finally signal the end of the lawsuit that has gripped the crypto industry since 2020. In response to a post by Digital Assets Daily asking, “Will this meeting finally bring to an end the SEC vs Ripple Labs, Inc. case.....”, Marc Fagel issued a firm rebuttal: “No. That’s not how this works.”When another user, XRP SCOTT, replied with a touch of sarcasm—“Well, thanks for telling everyone how it does work”—Fagel elaborated: “Happy to walk you through it. But it’s not like the SEC Chair can meet with the defendant in a case and resolve it at the meeting.”Happy to walk you through it. But it’s not like the SEC Chair can meet with the defendant in a case and resolve it at the meeting.— Marc Fagel (@Marc_Fagel) May 3, 2025Why the Meeting Doesn’t Affect the Court CaseFagel’s comments provide critical clarity. While the SEC Chair plays a significant role in setting regulatory policy and priorities, the Chair does not preside over enforcement litigation. The ongoing case between Ripple and the SEC remains under the jurisdiction of Judge Analisa Torres in the Southern District of New York, and it is managed by the Commission’s Enforcement Division, not by its leadership.This means that despite the optics of Larsen meeting with Atkins, the legal outcome of the SEC v. Ripple Labs case cannot be settled in private discussions. Any resolution must occur through formal legal channels, including court motions, hearings, and potential settlement agreements filed with the court.Background on the SEC v. Ripple Labs CaseThe SEC filed suit against Ripple Labs in December 2020, alleging that its sale of XRP to institutional investors violated securities laws by constituting an unregistered offering. In July 2023, Judge Torres issued a pivotal ruling: XRP itself was not deemed a security when sold on public exchanges to retail holders. However, she also concluded that Ripple had violated securities laws in its institutional sales of XRP, leaving the case partially unresolved.We are on twitter, follow us to connect with us :- @TimesTabloid1— TimesTabloid (@TimesTabloid1) July 15, 2023Ripple’s legal team and executives have continued to engage regulators in parallel with courtroom developments, hoping to shape broader policy frameworks for digital assets in the U.S.What the Meeting Could Mean for Crypto RegulationThough the meeting cannot alter the trajectory of the court case, it may signal an openness to dialogue and potential shifts in how the SEC approaches crypto enforcement moving forward. Chair Paul Atkins is widely seen as more crypto-curious and market-friendly than his predecessor, which has raised hopes that the agency under his leadership may seek a more balanced stance on blockchain innovation.Still, as Fagel emphasized, any optimism must be tempered with an understanding of legal boundaries. The XRP community may be eager for closure, but legal processes are defined by judicial protocols, not informal meetings.The May 2 meeting between Ripple’s Chris Larsen and SEC Chair Paul Atkins marks a significant moment for crypto-regulatory relations in the U.S. However, as former SEC official Marc Fagel has emphasized, it does not alter the status of Ripple’s court battle with the SEC. The road to a final resolution remains within the judiciary, not in the corridors of Washington. As such, while the meeting may influence the broader direction of U.S. crypto policy, the case’s resolution is still pending the court’s due process.Disclaimer: This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are urged to do in-depth research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses.Follow us on Twitter, Facebook, Telegram, and Google News The post Meeting Between Ripple Chairman and New SEC Chair: Ex-SEC Lawyer States Key Point appeared first on Times Tabloid.

-- Price

--

You may also like

Raising interest rates to protect STRC and selling coins to maintain credit, this time the strategy has chosen the two most expensive paths

The rebound in BTC prices can make all problems simple.

Morning Report | Samsung announces a 265.5 trillion won investment plan, focusing on semiconductor and AI computing power data centers; Vitalik publishes an article detailing the entire technology tree behind the confusion protocol (iO) mainline

Overview of Important Market Events on June 29

In the era of AI, what is left of Bitcoin?

AI can generate a fake image, create a fake video, and even forge a person's voice. But it cannot make the entire Bitcoin network acknowledge a non-existent transaction out of thin air.

NeoSoul announced plans to integrate with the OKX Agentic Wallet, promoting AI agents' participation in the on-chain economy

After the integration is complete, the AI entity will be able to manage on-chain assets, pay service fees, and perform related on-chain operations.

Why Is Bitcoin Lagging Stocks in 2026? AI Stocks, ETF Outflows, and the Nasdaq Rally Explained

Stocks are hitting record highs while Bitcoin continues to lag. Discover why AI stocks are attracting institutional capital and what it means for crypto traders.

What you bought on CEX is really not US stocks: Analyzing the 94% liquidation monopoly and the evaporation of equity under a five-layer pipeline

Peeling back its smooth trading interface to examine the underlying legal relationships and settlement processes, you will find that this is far from a simple "RWA asset revolution," but rather a complex game of interests involving spot pricing, rights ownership, and the monopoly of underlying custo...

Contents

Popular coins

Latest Crypto News

Read more
iconiconiconiconiconiconicon
Customer Support:@weikecs
Business Cooperation:@weikecs
Quant Trading & MM:bd@weex.com
VIP Program:support@weex.com