Expert Warns: Buying XRP Before SEC Decision Is Gambling

As the SEC lawsuit against Ripple nears a possible resolution, many investors are eyeing XRP, hoping for a price surge. Some believe that an official announcement could push the token higher, leading to quick profits.

However, software engineer Vincent Van Code has warned against this approach. In a recent post on X, he compared buying XRP just before an SEC decision to gambling. “Purchasing XRP right before the SEC meeting in hopes of a price surge is pure gambling,” he said.

Buying XRP just before the supposed SEC meeting to catch it pumping is GAMBLING.

There is a chance it will be dismissed, but likely it won't. It's more of a court thing than an SEC thing. Don't gamble.

— Vincent Van Code (@vincent_vancode) March 6, 2025

Speculation Grows Over SEC’s Closed-Door Meeting

The SEC recently conducted a private meeting, igniting speculation that a resolution on the Ripple case could be imminent. The agency conducts these meetings regularly, yet XRP advocates frequently associate them with settlement discussions.

Hopes for a resolution have increased as the SEC has dismissed cases against other crypto firms in recent weeks. However, legal experts say Ripple’s case is different. Unlike other companies, Ripple is facing a $125 million penalty, and court procedures may extend the timeline.

Van Code pointed out that while some believe the case could be dropped, the legal process may take longer. He noted that the outcome is not solely in the SEC’s hands but also depends on court proceedings.

Legal Challenges May Delay Outcome

The case is far more complex than other crypto cases. The case will be managed by Judge Analisa Torres until Aug. 2025, and she will retain jurisdiction over the case. Further, this shows that any resolution or termination has to be done by legal procedures before a final verdict is taken.

Legal analysts believe that while the case could be resolved by May, unexpected developments could extend the timeline. The SEC must address the penalty before dropping the case, and any agreement would require court approval.

Short-Term Trading vs. Long-Term Holding

While some traders are hoping for a quick profit, others see XRP as a long-term investment.

XRP community member Bodhi Karma shared his perspective, saying, “If investors are buying XRP to hold for the long term, it’s not a bad move.” He acknowledged that short-term traders trying to profit from a sudden spike are taking a bigger risk.

As of this publication, XRP was priced at $2.36, having experienced a 7.50% drop in the last 24 hours, but a rise of 8.09% during the past week. The circulating supply is at 58 billion tokens, which provides XRP with a market valuation of approximately $136.8 billion.

OCC’s Crypto Rule Could Boost XRP Adoption

In another announcement, the Office of the Comptroller of the Currency (OCC) stated that federally regulated banks are permitted to participate in crypto activities without obtaining prior approval.

Acting Comptroller Rodney E. Hood expressed that banks need to implement identical risk management measures for crypto as they do for conventional banking.

Some analysts believe this move could lead to increased XRP adoption. Crypto researcher Amonyx noted that the OCC’s decision may create more opportunities for Ripple’s ecosystem.