Ripple Continues to Gain Legal Advantage Over SEC – Court Denies Motion from Stakeholders
On May 16, 2025, the XRP community witnessed another significant development in the ongoing lawsuit between the SEC (U.S. Securities and Exchange Commission) and Ripple Labs. According to information shared by attorney James K. Filan, Judge Analisa Torres has officially denied the 'motion for an indicative ruling' – the request from stakeholders for a preliminary ruling in case jurisdiction is returned to the court.
Specifically, in her ruling, Judge Torres stated:
'If jurisdiction is restored to this Court, the Court will deny the stakeholders' request on the grounds of being procedurally improper.'
This ruling not only carries legal significance but also demonstrates the court's firm stance in maintaining the integrity of the proceedings and not allowing peripheral requests to influence the core of the case.
Impact on XRP and the Crypto Market
Although this is not a decisive victory, Ripple's ability to not be hindered by this procedural request may help the company continue to defend the argument that XRP is not a security. This information quickly spread within the XRP and crypto community, potentially providing positive sentiment support for investors.
Is the Lawsuit Coming to an End?
With a series of recent rulings leaning in favor of Ripple, analysts expect the lawsuit may gradually come to a close in 2025. If Ripple wins the case entirely, XRP could face a significant opportunity to be relisted on exchanges in the U.S. and attract institutional capital back.