Expert Predicts XRP Lawsuit Wrap-Up: Here’s When the SEC Will Announce Dropping Its Appeal

XRP community was more than happy when Ripple’s CEO announced SEC will drop its appeal last week. However, as Ripple whales didn’t do much following this announcement, we correctly predicted XRP price will stay in the $2.35-2.50 range until more news come or market starts booming.

That being said, crypto veteran that goes by the name ‘Zach Report’ on X just dropped XRP lawsuit conclusion prediction and based on his insights, this could come very soon.

The SEC’s Closed-Door Meeting

Sunshine Act Notice highlights an interesting development in the XRP lawsuit saga. The U.S. Securities and Exchange Commission has scheduled a confidential meeting for Thursday, March 27, 2025, at 2:00 p.m. This meeting will be held remotely or at the SEC headquarters in Washington, D.C.

Closed-door meetings like these typically involve sensitive discussions about legal actions or internal strategies. The private nature of this meeting has caught the attention of many in the XRP community, suggesting potentially significant decisions might be made.

Potential Timeline for the Appeal Announcement

Experts are speculating about when the SEC might officially announce its decision regarding the XRP lawsuit appeal. Based on past SEC practices, there are a few likely scenarios for the announcement.

The March 27 meeting is expected to be the key moment when SEC commissioners will vote on potentially dropping the appeal against Ripple. Traditionally, the SEC takes 1-3 business days to communicate major litigation decisions after internal meetings.

Considering the meeting is on a Thursday, there are two primary windows for a potential announcement:

First, there’s a possibility of an immediate announcement on Friday, March 28. This could happen if the decision is straightforward and all legal details are quickly resolved.

Alternatively, and perhaps more likely, the announcement might come on Monday, March 31, or Tuesday, April 1. This gives the legal teams time to coordinate and prepare necessary documentation over the weekend.

Read also: You’re Being Priced Out of XRP on Purpose – Here’s How the Rich Lock You Out!

If the SEC decides to drop the appeal, the first public indication will likely be a formal court filing. This would be quickly followed by an official press release or public statement.

The potential leadership change with the incoming SEC Chair Paul Atkins could also play a role in this decision. A new leadership perspective might influence how the commission approaches crypto enforcement and resolves ongoing legal cases.

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Petar Jovanović
Petar Jovanović

As the Head of Content at Captainaltcoin, I bring years of experience in the crypto industry. With a strong belief in the potential of the web3 market since 2017, I'm passionate about sharing valuable insights and knowledge. Feel free to connect with me on LinkedIn and let's discuss the exciting world of cryptocurrencies and decentralized technologies!

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