Andrew encryption analyst only raised optimism between the XRP community with a tweet about the end of Ripple VS SEC soon. This will not be different from other tweets from different analysts who claim the same, but Andrew claims to have “SEC sources”.
What Andrew sources say
According to Andrew, he has two sources within the Supreme Education Council who believe that the state of ripples is about to end. Its sources expect that XRP is seriously considered a commodity advanced.
They also mentioned that Ripple would face a fine of a smaller fine of what was originally expected. Andrew sources added that the new SEC leadership understands that this issue will put important precedents to regulate the encryption.
Update: * Two * second sources believe @ripple The case is very close to the end. Some expected results:
• ”Expect $ Xrp To obtain a serious commodity. “
Andrew (AP_ABACUS) March 17, 2025
• “Low fine. Decreased significantly”
• “The new leadership knows this situation and how they deal with it is a big deal;
This can be a great news for XRP. Getting “considering goods” means that XRP may not be treated as safety anymore. A smaller fine will be a great comfort for ripples. Andrew did not specify that the fine will already be reduced. Also, it seems that the new SEC leadership understands that this issue may put important precedents for the entire encryption industry.
Legal experts’ reactions
Farid Reesboli, a supporter of the Kerboto, had a frankly shouting on Andrew’s claims. He admitted that when Andrew sources say negative things about XRP, he does not believe them, but when they say positive things, he does. This called “wild hope” instead of hypocrisy.
When Andrew sources are negative $ XrpI do not believe them. When you are positive, I do. This is not hypocrisy. It is superior hope.
– Fred Rispoli (Freddyriz) March 17, 2025
John E Diton, the lawyer who was supporting Ripple, admitted Andrew tweet, adding some weight to these claims.
The latest developments in the case of XRP versus SEC
SEC and Ripple tries to wrap things. They are working to reduce a fine of $ 125 million and remove restrictions on XRP sales for institutions. Ripple lawyers do not want to accept the conditions that make her look guilty, especially after Judge Torres has already spent that selling XRP to ordinary investors was not a violation of securities.
There has been a shift in the Supreme Education Council since Mark Oida took over as a chair. They have dropped issues against companies such as Coinbase and Kraken, which may indicate a new encoding approach.
SEC is now studying whether XRP will be classified as a commodity, as they did with Ethereum. This can end the lawsuit and perhaps until the door is opened for ATFS XRP. The Ripple case still depends on Judge Torres’s rule that XRP itself is not safely, although they are facing a problem in institutional sales.
Also read: Lawyer, supportive of the SEC’s private writings that question the XRP position
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