Former SEC official John Reed Stark predicts that the XRP lawsuit will be dropped on 'highly favorable terms'.
The SEC's enforcement actions against major crypto entities, such as Coinbase and Binance, being paused suggests a shift in the SEC's regulatory stance on digital assets.
With the SEC softening its stance, it is likely that the appeal against Ripple in the XRP lawsuit will be paused or withdrawn.
The reorganization of the SEC's crypto enforcement division and the reassignment of key SEC trial lawyers indicate a de-escalation of enforcement actions against the crypto industry.