Did Ripple win the SEC case? CLO Alderoty’s mystical tweet sparks rumors

TL;DR

• Although Ripple has won key partial victories in its lawsuit with the SEC, a full resolution has yet to be officially announced.
• The company’s CLO, Stuart Alderoty, praised the team’s resilience and the support of the XRP community, hinting at a potential turning point in the battle.

Is the matter over?

The legal fight between Ripple and the United States Securities and Exchange Commission (SEC) is one of the hottest topics in the cryptocurrency space. This dates back to December 2020, when the watchdog sued the company, accusing it of raising more than $1.3 billion through an unregistered securities offering by selling its native cryptocurrency , XRP.

The case has seen countless developments over the years, with Ripple securing vital partial legal victories. More recently, the company’s general counsel, Stuart Alderoty, shared a post on X, hinting at a complete victory and fueling huge enthusiasm within the XRP community.

He praised the “courage” and “resilience” of the Ripple team, which “provided the blueprint for defeating Gary Gensler’s inexplicable war on crypto.”

“We kept the door open long enough for the industry to survive and seize this incredible moment. The faith and support of the XRP army provided much-needed hope in the darkest days. Thank you,” the message read.

Although no official announcement indicates that the case has been been officially settledmany X users speculated that Alderoty may have inside information that the incoming Trump administration could promote a quicker resolution.

Gensler is less than 2 months old

The XRP army has had a lot to rejoice about recently. As CryptoPotato reported Last week, SEC Chairman Gary Gensler confirmed that he would resign on January 20. During its tenure, the agency has filed numerous lawsuits against crypto companies (such as the aforementioned one against Ripple).

His departure was somewhat expected since Donald Trump promised to dismiss him from the first day after taking office. We have yet to see who Gensler’s successor will be, and all indications are that the new president could have a pro-crypto stance.

Despite the change in SEC leadership, the lawsuit against Ripple remains ongoing. It will be interesting to see if a possible resolution announcement will follow Alderoty’s mystical message or if we will have to wait until next year to see more drastic developments.