XRP Lawsuit Drama May take FOREVER: Legal Experts take a hit on Conflict of Interest at SEC

Legal analyst James Murphy, also known as MetaLawMan, is of the opinion that the SEC is stalling on the Ripple case.  

SEC has already closed the Robinhood investigation, and the charges against Coinbase have been dropped. But there isn’t any update on the Ripple Case timeline.  

As per Murphy, SEC is putting the case on the shelf for the time being as it goes on to focus on much bigger names like Binance, Kraken, and Gemini.  

The Ripple Lawsuit is taking FOREVER: Here are the Potential Reasons  

As per MetaLawMan, Ripple can settle before falling the palate brief on April 16, 2025. However, recent developments regarding the Ripple case suggest other reasons why resolutions are due and aren’t likely to come to an end anytime soon.  

The SEC enforcement approach on XRP gets further complicated as Judge Torre’s ruling decides to classify the token differently from other altcoins.  

The big fine of $125 by SEC on Ripple makes it difficult for Ripple to negotiate its current situation; hence, the case is hung up due to two sides differentiating over the terms.  

The XRP lawsuit is also hanging on due to the other cryptocurrency lawsuits that the SEC is handling simultaneously.  

Conflict of Interest Allegations Meddling with the Case 

There’s another controversy amid the allegations against Ripple, which delays the resolution further down the calendar. There’s an allegation regarding a conflict of interest within the SEC.  

As per U.S. government watchdog Empower Oversight, there have been concerns about SEC director Bill Hinman being tied to Simpson Thacher – an Ethereum-linked farm.  

The accusations regarding regulatory biases formed as Hinman reportedly classified Bitcoin and Ethereum as not securities – on the other hand – targeting XRP in the process has fueled allegations complicating the case even further.  

These controversies also put the SEC under pressure, creating scenarios where the SEC may have to drop the allegation against Ripple or back off. More scrutiny on SEC and the case involving Ripple can cause them to settle the case out of court, or in other scenarios, they’ll have to drag it out for a solution.  

Coinbase and Robinhood are also Influencing the XRP Case! 

The actions the SEC has taken against the bigger crypto companies can give a much clearer picture of the XRP case. 

Experts are speculating that the SEC dropping the Robinhood investigation is a possible reconsideration or change of heart. Charges against Coinbase also dropped – and it could also indicate the same motive and a way to drift away from litigious enforcements.  

XRP is on the rise, with XRP ETF Applications moving upward, and 21Shares and Grayscale are applying for XRP ETFs – making investors hopeful in the process.  

However, lawyer Jeremy Hogan shared a different opinion, suggesting that the Ripple case will be resolved by the end of April or May this year, with XRP following its course. However, the mass is still unclear about the regulatory position of the SEC in this matter.