Meeting Between Ripple Chairman and New SEC Chair: Ex-SEC Lawyer States Key Point

Ripple’s Executive Chairman and co-founder, Chris Larsen, recently met with newly appointed U.S. Securities and Exchange Commission (SEC) Chair Paul Atkins in a closed-door session that immediately sparked widespread attention across the XRP community. The highly anticipated meeting has fueled speculation about a possible resolution to the years-long legal battle between Ripple Labs and the SEC. However, former SEC Regional Director and legal expert Marc Fagel has reiterated that such a meeting cannot bring about a judicial conclusion in an ongoing federal case. The buzz originated from the XRP community on X, where prominent users posed the question of whether this historic meeting could finally signal the end of the lawsuit that has gripped the crypto industry since 2020. In response to a post by Digital Assets Daily asking, “Will this meeting finally bring to an end the SEC vs Ripple Labs, Inc. case…..”, Marc Fagel issued a firm rebuttal: “No. That’s not how this works.” When another user, XRP SCOTT, replied with a touch of sarcasm—“Well, thanks for telling everyone how it does work”—Fagel elaborated : “Happy to walk you through it. But it’s not like the SEC Chair can meet with the defendant in a case and resolve it at the meeting.” Happy to walk you through it. But it’s not like the SEC Chair can meet with the defendant in a case and resolve it at the meeting. — Marc Fagel (@Marc_Fagel) May 3, 2025 Why the Meeting Doesn’t Affect the Court Case Fagel’s comments provide critical clarity. While the SEC Chair plays a significant role in setting regulatory policy and priorities, the Chair does not preside over enforcement litigation. The ongoing case between Ripple and the SEC remains under the jurisdiction of Judge Analisa Torres in the Southern District of New York, and it is managed by the Commission’s Enforcement Division, not by its leadership. This means that despite the optics of Larsen meeting with Atkins, the legal outcome of the SEC v. Ripple Labs case cannot be settled in private discussions. Any resolution must occur through formal legal channels, including court motions, hearings, and potential settlement agreements filed with the court. Background on the SEC v. Ripple Labs Case The SEC filed suit against Ripple Labs in December 2020, alleging that its sale of XRP to institutional investors violated securities laws by constituting an unregistered offering. In July 2023, Judge Torres issued a pivotal ruling: XRP itself was not deemed a security when sold on public exchanges to retail holders. However, she also concluded that Ripple had violated securities laws in its institutional sales of XRP, leaving the case partially unresolved. We are on twitter, follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) July 15, 2023 Ripple’s legal team and executives have continued to engage regulators in parallel with courtroom developments, hoping to shape broader policy frameworks for digital assets in the U.S. What the Meeting Could Mean for Crypto Regulation Though the meeting cannot alter the trajectory of the court case, it may signal an openness to dialogue and potential shifts in how the SEC approaches crypto enforcement moving forward. Chair Paul Atkins is widely seen as more crypto-curious and market-friendly than his predecessor, which has raised hopes that the agency under his leadership may seek a more balanced stance on blockchain innovation. Still, as Fagel emphasized, any optimism must be tempered with an understanding of legal boundaries. The XRP community may be eager for closure, but legal processes are defined by judicial protocols, not informal meetings. The May 2 meeting between Ripple’s Chris Larsen and SEC Chair Paul Atkins marks a significant moment for crypto-regulatory relations in the U.S. However, as former SEC official Marc Fagel has emphasized, it does not alter the status of Ripple’s court battle with the SEC. The road to a final resolution remains within the judiciary, not in the corridors of Washington. As such, while the meeting may influence the broader direction of U.S. crypto policy, the case’s resolution is still pending the court’s due process. Disclaimer : This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are urged to do in-depth research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses. Follow us on Twitter , Facebook , Telegram , and Google News The post Meeting Between Ripple Chairman and New SEC Chair: Ex-SEC Lawyer States Key Point appeared first on Times Tabloid .

Source: TimesTabloid