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How successful will Ripple be in engaging with U.S. regulators by mid-2025?
3
Resolution / Starting Odds
Successful engagement • 25%
Partial success • 25%
Unsuccessful engagement • 25%
No engagement • 25%
Official announcements from Ripple, news reports on regulatory engagements
Story
Ripple Faces SEC Heat After Missing Court Deadline, Invests $50M
Oct 24, 2024, 03:47 AM
Ripple Labs is facing significant challenges in its ongoing legal battle with the U.S. Securities and Exchange Commission (SEC). The company recently missed a critical court filing deadline, giving them 14 days to rectify the situation or risk their legal team being disqualified from the case. The SEC filed their Form C. Ripple CEO Brad Garlinghouse has admitted that the company erred by not engaging with U.S. regulators earlier, which has now placed them under intense scrutiny from the SEC. To mitigate the situation, Ripple is investing $50 million into political donations and other efforts to improve their regulatory standing.
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Security • 33%
Commodity • 33%
Dual classification • 34%
Ripple wins • 25%
SEC wins • 25%
Settlement • 25%
Ongoing • 25%
Only a security • 25%
Only a commodity • 25%
Both security and commodity • 25%
Neither • 25%
XRP is a security • 25%
XRP is not a security • 25%
No decision by deadline • 25%
Other classification • 25%
Yes • 50%
No • 50%
Increased regulation • 25%
Decreased regulation • 25%
No change • 25%
Ban on trading • 25%
Ripple wins • 25%
SEC wins • 25%
Settlement • 25%
Ongoing • 25%
Yes • 50%
No • 50%