XRP News Today: Ripple Legal Saga Concludes as Appeals Dismissed

Prominent digital asset attorney Bill Morgan has sharply criticized speculative commentary from X user Ray, who claimed Judge Analisa Torres might soon issue a final ruling in the ongoing SEC vs. Ripple case. Morgan dismissed the suggestion as “so deluded and wrong” that he could not begin to address it [1]. His response highlights the tension between market speculation and the actual legal status of the dispute, which has now reached a critical phase.

The case, which began in December 2020, has been one of the most closely watched legal battles in the cryptocurrency industry. A recent development on August 7, 2025, saw defense attorney James K. Filan confirm that both Ripple and the SEC had filed to jointly dismiss their appeals [1]. This effectively marks the end of further litigation over prior court rulings, which had already clarified that institutional sales of XRP violated securities laws, while programmatic sales on exchanges did not [1].

Ray’s post had suggested that a final judicial approval from Judge Torres could trigger a surge in XRP’s price, even predicting it might reach $5. However, Morgan’s public rebuke of such claims underscores the risk of misleading narratives in an industry where public statements can significantly affect trading behavior [1]. He emphasized the need to distinguish between verified legal facts and speculative market commentary.

With the appeals dismissed and the legal proceedings effectively concluded, future XRP price movements are unlikely to be influenced by further court actions in this case. Instead, analysts suggest the asset’s performance will depend on broader market conditions, adoption trends, and regulatory developments beyond the jurisdiction of the SEC vs. Ripple dispute [1].

The case has served as a pivotal reference point in the evolving legal landscape for digital assets, particularly in how U.S. courts define and regulate cryptocurrencies. As the legal chapter closes, attention will shift toward how market participants and regulators navigate the future of digital currencies in a rapidly changing environment [1].