XRP News Today: Ripple SEC Case Nears Resolution With Reduced Penalty

Crypto enthusiast BALE recently posted a tweet asserting that the final decision in the long-running legal case between the U.S. Securities and Exchange Commission (SEC) and Ripple could be delayed until late 2026. In his words, “SEC v XRP final decision could be delayed until late 2026.” The tweet has drawn attention due to its bold projection, despite the lack of any official confirmation or judicial documentation to substantiate such a delay. BALE’s statement remains speculative and is currently regarded as an unverified rumor.

Contrary to BALE’s claim, the current legal status surrounding the SEC v. Ripple case suggests a more immediate resolution could be approaching. Recent filings in the Southern District of New York indicate a significant procedural step toward concluding the matter. Specifically, both Ripple and the SEC jointly submitted a renewed motion under Federal Rule of Civil Procedure 60. The motion requests Judge Analisa Torres to amend the final judgment, including reducing Ripple’s civil penalty from $125 million to $50 million, returning $75 million to the company, and lifting the longstanding injunction that has prevented institutional sales of XRP. This latest motion replaces an earlier request filed in May, which Judge Torres denied due to insufficient justification and procedural flaws. However, the June filing appears to have been more carefully constructed, citing “exceptional circumstances” such as changes in regulatory frameworks and a mutual interest from both parties to conclude the litigation without further delay.

In addition to the motion to amend the final judgment, the SEC and Ripple filed a status report with the Second Circuit Court of Appeals. In it, both parties requested that the ongoing appeals and cross-appeals be placed in abeyance while Judge Torres considers the revised motion. The report included an agreement that the SEC would provide another update by August 15 if the motion remains pending. Although there is no specific legal deadline for Judge Torres to issue a decision on the revised motion, legal professionals following the case believe a resolution could arrive soon. Notably, Australian lawyer Bill Morgan and U.S. attorney Fred Rispoli have both projected that a ruling may come within weeks.

Should Judge Torres approve the motion, it would effectively restructure the penalty imposed on Ripple, formally dismiss all pending appeals, and dissolve the injunction on XRP’s institutional sales. This would lead to a limited remand to the Second Circuit to finalize and officially conclude the case. While it remains technically possible for judicial timelines to extend, current legal filings and professional assessments suggest that a final decision is more likely to occur within the near term.