XRP News Today: Ripple vs. SEC: No Final Ruling Yet, Court to Address Penalty Reduction

The ongoing legal dispute between Ripple and the U.S. Securities and Exchange Commission (SEC) continues to be a focal point in the cryptocurrency world. Recent developments have sparked various rumors and predictions, but not all of them are accurate. A user recently claimed that Judge Analisa Torres is on the verge of delivering a final ruling that could redefine how digital assets like XRP are treated in the U.S. However, legal expert Bill Morgan clarified that this claim is incorrect.

Morgan explained that both Ripple and the SEC have requested an “indicative ruling” from the court. This ruling will address whether there are special circumstances that could reduce Ripple’s penalty and lift the existing ban on selling XRP to institutions. Importantly, this ruling will not alter the original summary judgment from July 2023, which declared that XRP is not a security in secondary market sales. Morgan emphasized that the substantive summary judgment ruling made by Judge Torres in July 2023 will remain in place and will not be vacated, amended, or modified.

There has also been speculation about a new settlement offer. One user claimed that Ripple and the SEC proposed a $50 million deal, down from an earlier $125 million. Morgan clarified that the settlement was already agreed upon in April 2025 and approved by the SEC in early May. Both sides have asked the court to keep the case’s appeals on hold, with the SEC expected to file a status report by August 15, 2025.

The crypto community, particularly XRP holders, is closely monitoring these developments. After more than three years of legal battles, many hope that this could finally mark the beginning of the end. The Ripple vs. SEC lawsuit, which centers around whether Ripple's sales of XRP constitute securities, has been ongoing for several years. While some speculate that the lawsuit could drag on until 2026, there is still hope for a near-term settlement. The SEC recently dropped its appeal against a 2023 ruling that decided Ripple's sales of XRP to retail investors were not classified as securities sales. This development has sparked renewed interest in the potential outcomes of the case and its implications for the future of XRP.

The latest update in the Ripple vs. SEC lawsuit involves a status report that the SEC is required to file in the 2nd Circuit by August 15. This report could potentially resolve the XRP lawsuit, as Judge Torres has the authority to make a ruling based on the information provided. Ripple has also filed a motion to seal documents related to the remedies motion and remedies materials filed by the SEC, indicating that the legal process is far from over.

The outcome of this lawsuit is crucial for the future of XRP and the broader cryptocurrency market. If Ripple successfully resolves its dispute with the SEC, it could bolster market confidence and potentially lead to a rally in XRP prices. However, the case is complex and involves intricate legal arguments, making it difficult to predict the final outcome. The legal battle has already had a significant impact on the cryptocurrency market, with many investors closely watching the developments and adjusting their strategies accordingly.

The Ripple vs. SEC lawsuit is not just about the future of XRP; it also has broader implications for the regulation of cryptocurrencies. The case could set a precedent for how other cryptocurrencies are classified and regulated, potentially affecting the entire industry. The outcome of the lawsuit could also influence the development of new cryptocurrency regulations, as lawmakers and regulators look to the case for guidance on how to approach the rapidly evolving market.

In conclusion, the Ripple vs. SEC lawsuit remains a critical legal battle with far-reaching implications for the cryptocurrency market. While a new ruling is expected, it is unlikely to decide the future of XRP definitively. The case continues to evolve, with both sides presenting their arguments and the legal process moving forward. The outcome of the lawsuit will have a significant impact on the future of XRP and the broader cryptocurrency market, making it a closely watched development in the industry.