Fox Business reporter Eleanor Terrett shared on social media that multiple legal sources have indicated the SEC is prioritizing cases with imminent court deadlines. This focus could explain why pause requests have not been seen in the Ripple and Kraken cases. For context, the Binance case has been paused until April 14, and the Coinbase lawsuit deadline has been extended to March 14, while Lejilex’s case is paused until April 11.
These pauses and extensions come amid significant changes at the SEC. With Paul Atkins nominated by President Donald Trump to lead the agency, many legal experts believe the upcoming leadership change may bring a fresh perspective on handling cryptocurrency-related cases. The SEC’s crypto task force, along with collaboration from Congress and the Presidential Working Group on Digital Assets, is working to fill regulatory gaps that have contributed to these prolonged lawsuits.
With Ripple’s court deadline approaching in mid-April, industry watchers are keenly observing how the SEC’s internal reshuffle and potential regulatory reforms will impact the case. The current pause could offer the agency a chance to reassess and potentially deliver a more informed decision on Ripple’s fate.