The Ripple vs SEC lawsuit is approaching a final judgment, expected in July or early August. Lawyers predict the SEC will appeal Judge Torres’ ruling that XRP programmatic sales are not securities.
Pro-XRP lawyer Fred Rispoli suggests the case has a zero percent chance of settling before judgment. Any SEC appeal will focus on programmatic sales, not institutional sales, which were dismissed with prejudice.
Former SEC lawyer Marc Fagel believes a remedy order appeal is unlikely. Expert witness motions could influence outcomes, but Judge Torres might bypass these to expedite a ruling favoring Ripple.
The recent $4.47 billion Terraform Labs settlement may affect the Ripple case, highlighting SEC’s enforcement inconsistencies. Ripple argues that penalties over $10 million are excessive.
This case holds significant long-term implications for the crypto industry, potentially setting a precedent for future regulatory actions.
