Will XRP Hit $5 After Ripple Lawsuit Verdict? Legal Expert Says ‘Don’t Count On It’
The long-running legal battle between Ripple and the U.S. SEC continues to stir speculation in the crypto world. Recently, Ripple and the SEC submitted a renewed joint request for an indicative ruling from Judge Analisa Torres — and social media is abuzz with rumors that a decision could come as soon as Monday.
XRP holders are hopeful that a favorable ruling could push the token above the $5 mark. However, legal experts are urging caution.
Legal Warning: Don’t Get Too Excited
Pro-XRP lawyer Bill Morgan advised the community to manage expectations. He pointed out that Judge Torres previously rejected a similar joint motion within just seven days — a sign that the current request may not fare much better.
Still, Morgan noted that Ripple and the SEC’s strongest argument lies in their claim that modifying the final judgment is essential to reaching a full settlement. If the judge agrees to reduce Ripple’s penalty and lift the injunction, it could finally bring the lawsuit to a close — ending both the appeal and cross-appeal, and saving time for the court.
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