XRP AFTER LAWSUIT DECISION
The ongoing legal battle between Ripple and the U.S. Securities and Exchange Commission (SEC) continues to stir speculation in the crypto world. Recently, both parties renewed their joint request for an indicative ruling from Judge Analisa Torres — fueling social media buzz that a decision could come as early as Monday.
Many XRP enthusiasts hope a favorable ruling could send the token soaring to $5. However, legal experts urge caution.
Caution From a Legal Insider
Pro-XRP attorney Bill Morgan advised the community not to get overly optimistic. In a recent post, he recalled that Judge Torres rejected a similar joint motion within just seven days — a timeline that could repeat.
Morgan explained that the strongest point in Ripple and the SEC’s motion is their argument that modifying the final judgment is essential to reaching a settlement. If Judge Torres agrees, it could conclude the long-standing legal battle, saving judicial resources by ending both the appeal and cross-appeal.
