The XRP lawsuit has created growing anxiety within the crypto community, with many fearing a delay in its resolution.

Despite the SEC dismissing other crypto cases, there is significant debate over the XRP outcome.

The ongoing legal battle between Ripple and the SEC has kept crypto enthusiasts on the edge of their seats, with anticipation running high for a resolution to the XRP lawsuit.

The ongoing legal battle between Ripple and the SEC has kept crypto enthusiasts on the edge of their seats, with anticipation running high for a resolution to the XRP lawsuit.

The case has sparked anxiety among community members, particularly due to rumors of potential delays. While the SEC has now dropped other crypto cases from its docket, the outcome of the XRP lawsuit remains a subject of keen interest and debate.

Despite removing the case from its site, the SEC has yet to make an official announcement regarding the dismissal of the lawsuit. However, legal experts are closely examining the case and predicting a potential timeline for its conclusion.

A Key Date in April for XRP Lawsuit Update

According to attorney Fred Rispoli, a key date to watch out for is April 16, by which time Ripple is required to submit its appellate brief.

Rispoli believes that a significant development in the case will occur before that deadline.

“There is no time requirement for the case to be fully closed by the time they submit their brief, although we can hope for it to be completed by then,” Rispoli stated.

Rispoli encourages XRP supporters to keep an eye on the timeline and hope for an earlier resolution.

Meanwhile, legal expert MetaLawMan also predicts that the case will be decided by mid-April. However, another expert, Jeremy Hogan, warns that Judge Torres’s injunction on crypto startups and the $125 million penalty imposed on Ripple could still lead to further delays in the case.

Potential For Earlier Closure

Some investors believe that the SEC may drop its appeal by March, thereby speeding up the process of resolving the case. However, there is no official confirmation of this at present.

Rispoli notes that the holdup is likely due to the $125M judgment, which is a significant factor that could be causing delays in resolving the situation.

Despite growing optimism for a swift resolution, the possibility of delays still exists. Even if April 16 doesn’t see the case closed, community members are hopeful for an outcome before September.

Anticipation Is Building

According to Hougan, the XRP market will surge once the case concludes, as years of legal pressure have suppressed its true potential.

As anticipation builds, XRP holders are closely watching to see how the SEC will proceed in the coming weeks.