Ripple Labs Confident Its Case Will Be Dismissed

Speaking at XRP Community Day 2025 on January 28, Alderoty said he anticipates that the SEC, under Chairman Paul Atkins, will halt enforcement actions against blockchain projects not involved in fraud, particularly those where lawsuits are primarily based on securities registration issues.

Since 2020, Ripple has been locked in a legal battle with the SEC, which accused the company of selling XRP as an unregistered security to raise capital.

Alderoty acknowledged that regulatory shifts take time, given the bureaucratic nature of the SEC. He stated:

“Litigation, regulation by enforcement, is not the path that this country should be pursuing. I believe the new SEC understands that, and I remain cautiously optimistic that at some point during 2025, the case will be voluntarily withdrawn.”

The appointment of Paul Atkins as SEC chairman has been welcomed by the crypto community, as he is known for his free-market philosophy and support for financial innovation. His leadership is seen as a potential step toward a more favorable regulatory environment for digital assets.

However, it remains unclear whether Atkins will secure enough Senate support for confirmation following his nomination by President Donald Trump. 

Alderoty also highlighted the role of a Republican-controlled Congress, which includes lawmakers who received $45 million in campaign donations from Ripple, in pushing forward the long-awaited cryptocurrency market structure bill.

Garlinghouse, Trump, and Alderoty at Mar-a-Lago. Source: Х

Ripple Labs believes that the case against it will be closed — The Coinomist

Both Stuart Alderoty and Ripple CEO Brad Garlinghouse maintain close ties to Donald Trump. In January, they dined with the president at Mar-a-Lago and attended inaugural events in Washington as official guests.

Alderoty personally donated over $300,000 to Trump’s 2024 campaign fundraising committees, while Ripple Labs contributed $5 million to the president’s inaugural fund.

With Paul Atkins nominated as SEC chairman, his leadership could reshape U.S. crypto regulations—a move that might directly impact Ripple’s ongoing legal battle with the agency.