Crypto analyst Andrew just sparked optimism among XRP community with a tweet about Ripple vs SEC ending soon. This wouldn’t be anything different from other tweets out there from various analysts claiming the same thing, but Andrew claims he has two ‘SEC sources’.
What you'll learn 👉
What Andrew’s Sources Are Saying
According to Andrew, he has two sources inside the SEC who believe the Ripple case is about to wrap up. His sources expect XRP to be seriously considered as a commodity going forward.
They also mentioned that Ripple will likely face a much smaller fine than originally expected. Andrew’s sources added that the SEC’s new leadership understands this case will set important precedents for crypto regulation.
UPDATE: *two* SEC sources believe @Ripple case is very close to ending. Some expected outcomes:
— Andrew (@AP_Abacus) March 17, 2025
• “expect $XRP to get serious commodity consideration.”
• “greatly reduced fine; GREATLY reduced”
• “new leadership knows this case and how they handle it is a big deal;…
This could be big news for XRP. Getting “commodity consideration” would mean XRP might not be treated as a security anymore. And a smaller fine would be a huge relief for Ripple. Andrew didn’t specify though how much will the fine actually be reduced. Also, the new SEC leadership seems to understand this case could set important precedents for the whole crypto industry.
Reactions from Legal Experts
Fred Rispoli, a pro-crypto lawyer, had an honest take on Andrew’s claims. He admitted that when Andrew’s sources say negative things about XRP, he doesn’t believe them, but when they say positive things, he does. He called this “unbridled hope” rather than hypocrisy.
When Andrew’s sources are negative to $XRP, I don’t believe them. When they are positive, I do. That’s not hypocrisy. It’s unbridled hope.
— Fred Rispoli (@freddyriz) March 17, 2025
John E. Deaton, a lawyer who’s been supporting Ripple, also acknowledged Andrew’s tweet, adding some weight to these claims.
Latest Developments in the XRP vs SEC Case
The SEC and Ripple are trying to wrap things up. They’re working on reducing the $125 million fine and removing restrictions on XRP sales to institutions. Ripple’s lawyers don’t want to accept terms that make them look guilty, especially after Judge Torres already ruled that selling XRP to regular investors wasn’t a securities violation.
There’s been a shift at the SEC since Mark Uyeda took over as Chair. They’ve dropped cases against companies like Coinbase and Kraken, which might signal a new approach to crypto regulation.
The SEC is now considering whether to classify XRP as a commodity, like they did with Ethereum. This could end the lawsuit and maybe even open the door for XRP ETFs. Ripple’s case still relies on Judge Torres’ ruling that XRP itself isn’t inherently a security, even though they got in trouble for institutional sales.
Read also: Pro-Ripple Lawyer Exposes SEC’s Own Writings That Question Its XRP Stance
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