Ripple Executives Meet Trump Before Key SEC Appeal Hearing

• Ripple executives met with Trump prior to the SEC appeal filing.
• The election of Donald Trump has raised the value of XRP and Ripple’s presence in the US.

The Chief Executive Officer of Ripple, Brad Garlinghouse, and the Chief Legal Officer, Stuart Alderoty, were even clicked having dinner with the former President of the U.S., Donald Trump, a day before the critical deadline given in the Ripple vs SEC case. This has been called a dinner meeting being the talk of the entire world of cryptocurrency. By 15 January 2025, the U.S. SEC is required to file its opening brief in the appeal case. The date already set and established controversy concerning the possibility that the court could delay it due to the effect it may bring in the planned meeting between Ripple and the SEC.

Ripple, in July 2024, received a partial victory as Judge Analisa Torres ruled that XRP, which is the native cryptocurrency of Ripple, is not a security. The price of XRP went up with this ruling. But it is more a recent trend of XRP’s price due to the election of Donald Trump as President in November 2024, given his pro-crypto stance. Trump has really been influential on the market since his victory. Ripple executives emphasize that his win is closely linked to the optimism in the crypto market.

Ripple’s Strategic Move with Trump

A dinner that Garlinghouse and Alderoty shared with Trump, which they shared in a social media post, has fueled speculation over what impact it could have on the lawsuit. Garlinghouse called it a “strong start to 2025,” while Alderoty jokingly made light of the meal. Ripple has been vocal about the impact Trump’s election has had on its business. Since the election, the company has expanded its U.S. operations. Currently, 75% of its open positions are based in the United States.

The executives at Ripple see this friendly view by Trump on cryptocurrencies as an opportunity to grow further. Ripple expects the SEC’s ruling to soon favor them. With this in mind, the company is preparing to expand further and sign more deals within the U.S. The company is positioning XRP to benefit from the sustained optimism in Trump-driven crypto markets.

Industry analysts believe this dinner to be an indication that Ripple is headed for a successful end in the case against the SEC. With January 15th approaching, all eyes will be on the unfolding courtroom drama. Attention will also focus on how Ripple’s business strategy aligns with Trump as the President.