Charlie Gasparino’s Perspective on the Ripple Case
Charlie Gasparino, a renowned columnist for the New York Post and a Senior Correspondent at FOX Business, recently shared his insights on the Ripple case during a podcast with Anthony Pompliano. Gasparino did not hold back in expressing his views, particularly criticizing the SEC’s approach to regulating Ripple, which he deemed unnecessary. He speculated that the ruling against Ripple might be overturned, which could once again bring Ripple under legal scrutiny.
Gasparino highlighted the potential impact of political changes, notably the influence of figures like Donald Trump, on the SEC’s handling of the case. He emphasized his commitment to journalistic neutrality, stating that he would cover the story objectively, with no personal investment in XRP. “I think there’s a chance it gets reversed and XRP and Ripple’s back on the hook. The SEC may drop the whole thing now that Trump’s in there. That’s a whole other thing you have to worry about. And this is why I get it from both sides, both pro-crypto and anti-crypto,” he remarked.
Ripple Case Under New SEC Leadership
The Ripple case has garnered significant attention, particularly with the anticipated changes in SEC leadership. Paul Atkins is expected to take over as the new SEC chair following the resignation of Gary Gensler, coinciding with President Trump’s inauguration. This leadership change is seen as a pivotal moment that could influence the direction of the Ripple case.
The SEC’s filing deadline for its appeal is rapidly approaching, set for January 15. This deadline comes after the agency successfully requested a 90-day extension in October, strategically moving the timeline beyond the US Presidential Election. As part of the appeal process, transcripts must be ordered by December 31 and are required to be fully delivered by January 30, 2025.
March 2025 is shaping up to be a critical period for the Ripple case, as the plaintiff will present their arguments against Ripple and its CEO, Brad Garlinghouse. In response, Ripple Labs and Garlinghouse are obligated to submit their replies by April 7. This timeline underscores the complexity and high-stakes nature of the ongoing legal battle involving Ripple and its leadership.
