XRP Lawsuit: Expert Lawyer Details Ripple vs SEC Outcomes

XRP continues to draw significant attention as legal debates between Ripple Labs and the SEC unfold, with a prominent legal expert offering new insights into likely verdict trajectories. Bill Morgan, a well-known attorney and follower of the XRP developments, recently offered a breakdown of potential outcomes in the current motion stage of the lawsuit.

A key highlight of this legal saga is the renewed motion Ripple and the SEC filed, requesting an indicative ruling. This legal strategy was initiated after Judge Analisa Torres previously deemed their earlier request procedurally out of line due to jurisdictional issues. Morgan clarified that the current motion doesn’t aim to redefine XRP’s regulatory categorization but instead seeks the court’s stance on mitigating the penalties and lifting the injunction tied to the case.

In essence, what Ripple and the SEC are asking for is a preliminary assessment from the court on whether exceptional circumstances justify reducing the financial penalty and removing the existing injunction. This step would be the prelude to seeking a limited remand from the Court of Appeals back to Judge Torres, enabling her to rule formally on those matters.

If the desired court approval is granted, the next phase will involve a motion that mirrors Judge Torres’ previous stance, potentially leading to a modified financial outcome. Under these proposed terms, Ripple would return $75 million, while $50 million would be allocated to the SEC. Following this, and only after the injunction is lifted and funds are distributed accordingly, both parties plan to ask the appellate court to drop their respective appeals in the broader lawsuit.

Morgan emphasized that this motion is a procedural step rather than a trial for XRP’s legal status. This clarification is crucial as speculation continues to swirl across the crypto landscape. According to him, the core ruling made by Judge Torres in July 2023 remains firmly intact and is not under any threat of being overturned or modified. That prior judgment held that Ripple’s programmatic sales of XRP were not securities transactions, a decision widely regarded as a turning point in the legal battle.

Significantly, both Ripple and the SEC have jointly agreed that this summary judgment should remain untouched. This consensus indicates mutual respect for the court’s existing interpretation and reflects a focus on resolving the remaining aspects of the case without reopening previously settled questions. The litigation now zeroes in on civil penalties and procedural resolutions rather than rehearing any ruling on XRP’s classification.

Following the latest updates, the SEC is expected to submit a new status report on August 15, 2025, as the appeals process is temporarily paused. This allows for enough time to handle the indicative rulings and subsequent motions, offering both parties room to finalize a potential settlement structure.

The outcome of this renewed motion could pave the way for closure in one of the most closely observed cases in modern crypto regulation. As developments continue, the XRP community, investors, and legal analysts remain focused on whether this approach will finally bring definitive legal clarity to Ripple’s ongoing dispute.

With all parties seemingly aligned on retaining the core ruling affirming XRP is not a security, attention now shifts toward penalty reductions, injunction resolutions, and broader procedural strategy. The conclusion of this case may not just signal regulatory relief for Ripple but could also set a crucial precedent for token-related litigation across the cryptocurrency industry.

For now, XRP supporters can find reassurance that the key legal recognition — that XRP programmatic sales are not investment contracts — remains preserved, reinforcing confidence in the project’s ongoing development and standing in U.S. markets.

https://x.com/Belisarius2020/status/1937839931843571926

Related: Expert Advice: Sell XRP If You’re Confused

https://u.today/ripple-gc-sec-has-not-labeled-xrp-security