XRP Legal Showdown: Ex-SEC Lawyer Dismisses Today’s Larsen-Atkins Meeting as Non-Decisive

Ripple’s legal saga drags on—despite closed-door talks between execs and regulators, insiders confirm this isn’t the knockout punch either side wants. The SEC’s playbook? Delay, drain resources, repeat. Meanwhile, XRP holders watch another ’critical’ meeting get downgraded to a footnote by legal realists.

Funny how these ’urgent’ discussions always seem to coincide with market volatility—almost like Wall Street’s old playbook of manufacturing drama for liquidity. Crypto moves fast, but justice? That still runs on banker’s hours.

Ripple’s Executive Chairman and Co-founder Chris Larsen is reportedly scheduled to meet with new SEC Chair Paul Atkins on May 2, 2025. The meeting comes amid Ripple’s ongoing legal battle with the U.S. Securities and Exchange Commission (SEC), a case that has dragged on for years and significantly impacted the future of XRP.

What Makes This Meeting Important?

Paul Atkins, the newly appointed SEC Chair, is no stranger to crypto. A former SEC Commissioner, Atkins recently spoke out in favor of clearer crypto regulation and even proposed the idea of a “regulatory sandbox” to allow blockchain innovation to grow safely in the U.S.

Insiders speculate that this meeting might lead to real progress — possibly even a settlement in the Ripple-SEC case or discussions around approving a spot XRP ETF. While nothing has been officially confirmed, the timing and high-profile nature of the meeting are raising hopes across the crypto community.

XRP ETF: Hype or Hope?

Adding to the excitement, Bloomberg ETF analyst Eric Balchunas recently suggested there’s an 85% chance that an XRP ETF could be approved in 2025. If true, this would mark a significant milestone for Ripple and boost investor confidence.

XRP has been trading strongly around $2.23, gaining more than 1% in the past 24 hours ahead of the meeting. However, the price did briefly slip to $2.12 after the SEC delayed its review of several crypto-related filings.

Will This End the Ripple-SEC Battle?

While many are hopeful this meeting could lead to a breakthrough or settlement, not everyone is convinced. Former SEC attorney Marc Fagel dismissed the idea, saying on social media, “No. That’s not how this works.”

No. That’s not how this works.

So, while today’s meeting could mark a turning point, expectations should remain grounded. The official agenda remains confidential — but the crypto world will be watching closely.