A meeting between Ripple’s Chris Larsen and SEC commissioner Paul Atkins has sparked renewed speculation about progress in the long-running legal standoff between the blockchain company and the U.S. Securities and Exchange Commission.
The update, shared by crypto analyst Brett Crypto on May 2, has drawn attention due to its timing—just days after the SEC delayed a decision on Franklin Templeton’s proposed XRP ETF.
Although some see this potential dialogue as a breakthrough moment, legal experts warn that a final resolution is still far off.
Former SEC attorney James Farrell outlined a detailed timeline suggesting that, even under the most optimistic conditions, the case may not wrap up before late 2025. In a more drawn-out scenario, the litigation could continue well into 2027.
Farrell argues the holdup may have less to do with the facts of the case and more with regulatory hesitance around drafting stablecoin and crypto asset legislation.
While Atkins’ involvement has raised hopes, the wheels of regulatory reform turn slowly—and legal process will dictate the pace, not sentiment.
Meanwhile, XRP has shown mild resilience in the market. The token briefly tested $2.20 before bouncing to $2.24, with only a slight dip over the past day. Whale activity around XRP has increased recently, potentially indicating growing investor confidence beneath the surface of an otherwise cautious market.
The slow dismantling of Sam Bankman-Fried’s crypto empire continues, with defunct firms FTX and Alameda Research quietly shifting another $10.3 million in Solana (SOL) as part of their asset liquidation plan.
Gold’s relentless climb in 2025 shows no sign of slowing. Spot prices burst above $3,400 this week—within striking distance of April’s record near $3,500—after renewed hostilities in the Middle East rattled global markets.
Washington is gearing up for a grand $45 million military parade on June 14, 2025, marking two milestones: the U.S. Army’s 250th anniversary and Donald Trump’s 79th birthday.
As Warren Buffett edges closer to ending his six-decade reign at Berkshire Hathaway, the legendary investor has tightened his focus, placing nearly $197 billion into just a handful of stocks.