Because the SEC’s case in opposition to Ripple continues to make headlines, many are left questioning: why the silence? Regardless of the SEC’s latest exercise, which noticed circumstances dropped in opposition to main gamers like Coinbase, Gemini and Robinhood, the Ripple case stays unresolved—and it’s removed from easy.
The Ripple-XRP case has reached an important level the place a decide has already issued a cut up determination. On one hand, the SEC received a portion of the case, whereas Ripple claimed victory on one other. The largest takeaway? XRP was not labeled as a safety—a major win for Ripple and its group. Nonetheless, there are nonetheless unresolved points, such because the discovering of securities legislation violations and the potential penalties Ripple may face.
Authorized knowledgeable James Murphy aka Metalawman has a concept on the sudden delay. He means that Ripple may very well be in energetic negotiations with the SEC to have a few of Decide Torres’s determination vacated. Ripple may very well be in search of a greater deal, significantly in the event that they’re eyeing future securities choices or an IPO. If either side had been to dismiss their appeals, Ripple may doubtlessly settle with a $125 million penalty—however may they push for extra?
I’ve a Concept in regards to the SEC’s unexplained delay in dismissing the @Ripple case.
It won’t be the SEC.
It may very well be that @Ripple is negotiating exhausting to get the SEC to conform to vacate some or all of Decide Torres’ determination.
The Torres determination was unquestionably GREAT for…— MetaLawMan (@MetaLawMan) March 1, 2025
Nonetheless, Murphy additionally wrote, “It’s removed from a positive factor {that a} federal decide would conform to vacate a previous ruling as a part of a settlement. This was pretty commonplace a number of years in the past once I began within the legislation enterprise, however judges began balking at this in more moderen occasions.”
Though this stays hypothesis, Murphy’s concept has gained assist from figures like lawyer John Deaton. And whereas the settlement course of may drag on, Ripple could also be strategically ready for market situations to enhance. As XRP continues its downward development, the timing for any optimistic announcement might have to align with a broader market restoration—particularly on the subject of boosting the value of XRP.
