Ripple vs SEC: the legal battle over XRP could last another 10 months

The long legal battle between Ripple Labs and the United States Securities and Exchange Commission (SEC) continues to be a central theme in the cryptocurrency sector. 

Since December 2020, when the SEC filed a lawsuit against Ripple, accusing the company of selling XRP as an unregistered security, the case has shaken the entire crypto market.

Despite almost four years having passed, the latest developments suggest that the conclusion of this dispute could be near. However, legal experts warn that the case could drag on for at least another ten months, leaving Ripple and its community waiting for a definitive verdict.

The most recent developments in the Ripple case: an appeal by the SEC

The SEC has recently intensified its efforts, contesting a preliminary ruling that had established that the sales of XRP do not represent securities. 

This has reignited hopes for a swift resolution for Ripple, but also fears of a further prolongation of the case.

According to Marc Fagel, former SEC attorney, the future of the case could depend on the agency’s leadership. 

With the possible departure of Gary Gensler from the SEC, the new leaders might decide to drop the appeal, bringing an end to this legal matter.

On the other hand, Ripple’s legal team remains confident that the SEC’s arguments are weak and that the appeal could be dismissed. 

A victory in court would not only represent a triumph for Ripple, but it could also establish an important precedent for the entire bull sector of cryptocurrencies.

The impacts of a victory or a defeat

If Ripple were to win, the result could revolutionize the regulatory landscape of cryptocurrencies. 

A favorable ruling would protect not only XRP, but also other cryptocurrencies from potential accusations of being unregistered securities.

On the contrary, if the SEC were to prevail, many cryptocurrencies could face stricter regulation. 

Tokens that rely on marketing or community participation risk being classified as securities, with heavy implications for their use and market value.

XRP: a historic value recovery

Despite the legal uncertainties, XRP has shown surprising resilience. Recently, it reached its highest value since 2018, surpassing 3 dollars.

This rally has been fueled by two main factors: the expectations of a favorable resolution of the lawsuit and the growing adoption of Ripple’s technology in cross-border payments.

Ripple continues indeed to expand its collaborations with global financial institutions, demonstrating the effectiveness of its network to make international transfers faster and more economical. 

This growing usage could further drive the demand for XRP, consolidating its position in the bull market of cryptocurrencies.

Conclusions: the future of Ripple and XRP

The legal dispute between Ripple and the SEC is set to remain in the spotlight for the coming months. 

While recent developments suggest that a resolution might be near, experts warn that the case could drag on until 2025.

Whatever the outcome, the implications for the cryptocurrency market will be significant.

A victory for Ripple could mark a new era of regulatory clarity and global adoption for crypto, while a defeat could trigger increased regulatory pressure.

In the meantime, XRP continues to demonstrate its resilience, attracting the attention of investors and institutions. 

The next phase of this legal battle will be decisive not only for Ripple, but also for the future of the entire cryptocurrency ecosystem.