The lawsuit against Ripple by the SEC has been ongoing since December 2020, and recently there have been rumors that a resolution may not occur until late 2026. However, legal expert Bill Morgan has dispelled such notions.
Debunking Delay Rumors
Attorney Bill Morgan has dismissed claims that the Ripple lawsuit could extend until the end of 2026, stating that such a scenario is highly unlikely and lacks legal backing.
Current Actions by the Parties
Morgan has indicated that both parties are actively working towards a settlement, with the case's resolution hinging on Judge Torres' decision regarding a joint motion to reduce penalties and lift the injunction.
Prospects for Resolution
Despite uncertainties surrounding the judge's decision, legal analysts largely agree that the case is likely to resolve much earlier than 2026, which is significant for XRP holders and crypto observers.
A court decision on the Ripple vs SEC case is anticipated in the coming months, which could indicate a swift resolution for market participants.