The long-running authorized battle between Ripple and the U.S. SEC is as soon as once more making headlines. With a brand new court docket replace anticipated quickly, rumors and predictions have been flying throughout social media, however not all of them are true.
Not too long ago, a person claimed that Choose Analisa Torres is about to ship a ultimate ruling within the case that might redefine how digital belongings like XRP are handled within the U.S. Nevertheless, authorized knowledgeable Invoice Morgan shortly stepped in to clear issues up.
Morgan defined that this declare is ‘incorrect’. What’s really occurring is that each Ripple and the SEC have requested the court docket for an “indicative ruling,” a call on whether or not there are particular circumstances to cut back Ripple’s penalty and elevate the prevailing ban on promoting XRP to establishments.
This ruling received’t resolve the authorized standing of crypto belongings within the U.S. The unique abstract judgment from July 2023, which declared that XRP isn’t a safety in secondary market gross sales, will stay unchanged.
“In reality the events have agreed that the substantive abstract judgment ruling made by Choose Torres in July 2023 will stay in place and won’t be vacated, amended or modified,” Morgan wrote.
There’s additionally been speak about a brand new settlement supply. One person claimed Ripple and the SEC simply proposed a $50 million deal, down from an earlier $125 million. However Morgan clarified that the settlement was already agreed upon in April 2025 and permitted by the SEC in early Might.
For now, either side have requested the court docket to maintain the case’s appeals on maintain, with the SEC anticipated to file a standing report by August 15, 2025.
The crypto group, particularly XRP holders — is watching intently. After greater than three years of authorized battles, many hope this might lastly be the start of the top.