The XRP community found itself in a whirlwind of speculation after a post by Amonyx, a prominent name in the XRP community, suggested that the long-standing SEC vs. Ripple case could be settled within 72 hours.
This claim immediately sparked mixed reactions, with some hopeful for a resolution and others wary due to similar unverified predictions in the past.
The renewed speculation stems from the latest SEC Sunshine Act Notice dated February 13, 2025. The notice revealed the details of an SEC closed-door meeting which happened on February 20, 2025, at 1:00 PM ET.
The meeting discussed regulatory and enforcement issues, injunctive actions, administrative proceedings, and litigation claims. Although the notice does not mention XRP directly, some people think that it could be one of the topics discussed.
🆕 : Rumors has it #XRP case will be settled in 72 hours! pic.twitter.com/xdtEAg533g
— Amonyx (@amonbuy) February 20, 2025
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XRP Community Reaction
The reaction to Amonyx’s claim has been split within the XRP community. While some see this as a positive sign, others remain wary of unverified speculation.
CryptoAnonOG, an XRP supporter, expressed frustration over the recurrence of such rumors, noting that similar claims emerge whenever an SEC meeting is announced. They urged caution, advising the community to wait for official confirmation.
Another user, XRisP, echoed a similar opinion, stating that they are exhausted by the repeated cycle of speculation. They acknowledged the eventual resolution of the lawsuit but criticized the habit of circulating unconfirmed information that misleads the community.
These responses highlight the growing impatience among XRP supporters, who have closely followed the case since its inception almost five years ago.
SEC’s Meeting Agenda and Uncertainties
The SEC’s closed-door meetings typically cover a broad range of regulatory matters, making it uncertain whether the Ripple lawsuit will be a focal point. Previous Sunshine Act meetings have not resulted in immediate resolutions for XRP’s legal status.
Legal analysts caution against assuming that the upcoming meeting guarantees a settlement. Despite the speculation, neither Ripple nor the SEC has provided official confirmation regarding a resolution.
Investors and XRP holders are encouraged to rely on credible sources rather than social media speculation. While discussions on enforcement actions may take place, the outcome of the February 20 meeting remains uncertain.
The lawsuit began in December 2020 and focused on whether XRP should be classified as a security. The case’s resolution could have significant implications for the cryptocurrency market and broader regulatory policies.
Until an official statement is released, it remains advisable for market participants to stay informed through verified legal updates and avoid reacting to speculation.
Also Read: Here is an Important Date The XRP Community Should Look Forward to
