The long-running legal clash between Ripple Labs and the U.S. Securities and Exchange Commission (SEC) has once again taken center stage after the latest development in court. Despite hopes of resolution, both Ripple and the SEC find themselves.
In a recent twist, Judge Analisa Torres denied a joint motion from Ripple and the SEC requesting an “indicative ruling.” Her reasoning? The motion was “procedurally improper.” Even if the case were returned to her jurisdiction, the outcome wouldn’t change.
What Does That Mean?
It’s a reminder that legal technicalities are still steering the case. This wasn’t about whether XRP is a security — it was about how the parties wanted to close the case — and the court wasn’t having it.
🚨 XRP: Security or Not?
One of the major turning points came when Judge Torres ruled that XRP$ is not a security when sold on exchanges to retail investors — a big win for Ripple.
But not everything went in Ripple’s favor.
Legal expert Marc Fagel pointed out that the court did find Ripple liable for unregistered securities sales to institutional investors, leading to a $125 million penalty.
Attorney John Deaton, a known pro-crypto voice, insists that the SEC would have to admit it was wrong to reverse course — something it’s unlikely to do without serious political pressure.
On the other hand, Marc Fagel says it’s not that simple:
“The court found Ripple’s violation warranted an injunction and a $125M penalty. Now the SEC has to explain why that was wrong.”
Ripple’s Response:$XRP
$XRP Hi Ripple’s Chief Legal Officer, Stuart Alderoty, clarified that the recent decision doesn’t impact the major wins Ripple secured last year.
“This is about legal procedures, not the facts. XRP is still not a security in the eyes of the court,” Alderoty stated.
Both sides are still aligned in one thing: They want to bring this to a final resolution — but clearly, they’re not there yet.
Why It Matters
While the SEC may think it’s defending its regulatory turf, dragging this out only harms its reputation — especially within the crypto community.
📉 Investors, developers, and platforms are watching closely, and many believe the SEC’s position is increasingly unsustainable without significant change.
Final Thoughts:
The Ripple vs. SEC saga is more than just a legal dispute — it’s a landmark case shaping the future of crypto regulation in the U.S.
Until a final resolution is reached, expect continued turbulence — but also opportunities, especially for those who understand the deeper legal dynamics at play.