Ripple v. SEC: Legal Expert Predicts Accelerated Ruling Timeline in XRP Case

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The protracted legal saga between Ripple Labs and the U.S. Securities and Exchange Commission (SEC) might be drawing to a close sooner than previously thought, according to legal experts closely monitoring the proceedings.

Attorney Fred Rispoli, a prominent voice within the XRP community, has suggested that a final ruling in this high-stakes lawsuit could be delivered in the coming weeks, a timeframe significantly shorter than earlier projections that anticipated a verdict months from now.

The core of the Ripple v. SEC case revolves around the SEC's assertion that Ripple's XRP token was offered and sold as an unregistered security – an accusation Ripple has vehemently refuted. Ripple achieved a notable partial victory in July 2023 when Judge Analisa Torres determined that XRP sales on secondary markets did not qualify as securities transactions. However, the legal battle continues, particularly concerning institutional sales and potential remedies.

Rispoli posits that the absence of significant delays or procedural obstacles suggests Judge Torres is nearing a decision. He further observes that the recent quiet from both sides, including a lack of new filings or reported settlement discussions, could indicate the court is finalizing its assessment.

The resolution of this case carries substantial implications, not only for Ripple but for the broader cryptocurrency sector. It has the potential to establish a crucial legal precedent for the classification and regulation of digital assets within the United States.

With the crypto community observing intently, the prospect of an expedited resolution adds another dimension of anticipation to this landmark legal battle.