The ongoing lawsuit between Ripple and the U.S. Securities and Exchange Commission (SEC) continues to stir anxiety within the crypto community. Despite recent settlements with Coinbase and Robinhood, Ripple’s case remains unresolved, raising concerns about potential delays in its final resolution.
Legal Divide on XRP Lawsuit’s Complexity
Legal experts remain divided on the lawsuit’s trajectory. Attorney Fred Rispoli recently took to X (formerly Twitter) to downplay the case’s complexity, arguing that a resolution is straightforward and imminent. He questioned why the SEC persists with the case when other major lawsuits, including Coinbase’s, have been settled. According to Rispoli, the SEC’s ongoing pursuit is “cowardly” and unnecessary.
I don't know why SEC v. Ripple is still going considering other major cases, especially Coinbase, have been dropped. Clearly, the absence of Paul Atkins did not worry the current 3-member SEC Commission on those large litigation issues. My best guess is that, given the $125M…
— Fred Rispoli (@freddyriz) February 25, 2025
Conversely, experts like MetaLawMan believe that Ripple’s lawsuit is far from over, suggesting that its outcome may hinge on related cases, including those involving Gemini, Kraken, and Binance. This division among legal analysts has only fueled further uncertainty in the crypto space.
Rispoli’s Proposed Resolution
Rispoli has suggested a simple path to closure: both Ripple and the SEC should drop their respective appeals. He proposes that Ripple agree to pay the $125 million penalty, effectively ending the legal battle. This move, he argues, would prevent further delays and provide clarity to XRP holders.
However, questions remain about whether Ripple could challenge the ruling after settling the penalty. In response, Rispoli firmly stated that there is “0% chance” of such an outcome, explaining that mutual withdrawal of appeals eliminates any possibility of further legal action.
The Reason Behind the Delay
While ongoing discussions hint at a resolution, the exact reason for the delay remains unclear. Rispoli speculates that the $125 million penalty could be a primary sticking point. Meanwhile, the SEC’s evolving stance on XRP exchange-traded funds (ETFs) provides a glimmer of optimism, but the lawsuit’s unresolved status still clouds XRP’s future.
Also Read: XRP vs. Bitcoin: Legal Expert Reveals Key Insights & What’s Next for Ripple
As the legal battle drags on, the crypto community eagerly awaits a definitive conclusion—one that could significantly impact XRP’s market position and broader regulatory clarity for digital assets.
Disclaimer: The information in this article is for general purposes only and does not constitute financial advice. The author’s views are personal and may not reflect the views of CoinBrief.io. Before making any investment decisions, you should always conduct your own research. Coin Brief is not responsible for any financial losses.
