The case between Ripple and SEC is evolving, with important decisions expected soon that could impact the cryptocurrency market.
Ripple to Pay Fine in Cash, Not XRP
Rumors that Ripple could pay its SEC fine with XRP tokens are growing on X (formerly Twitter). However, former SEC official Marc Fagel put these rumors to rest, clarifying that the payment will be made in cash. The funds are already set aside in an escrow account.
XRP Market Reacts to Uncertainties
The price of XRP dropped over 2% amid rumors that the U.S. government might seize Ripple's escrow XRP and hold it as a national reserve. However, expert Bill Morgan dismissed this idea, stating that "it won't happen." Meanwhile, cryptocurrency prices spiked after an announced ceasefire between Iran and Israel, leading Bitcoin to rise nearly 3% and XRP gaining 6% in the last 24 hours.
No Long Delays in Ripple vs SEC Case
There were speculations that the Ripple vs. SEC case could drag into late 2026. However, Bill Morgan clarified that such a delay is unlikely unless Judge Torres rejects the current joint proposal. The most probable outcome, he says, is both parties accepting the summary judgment, along with a penalty and permanent injunction.
The XRP community remains on edge, awaiting Judge Torres's decision. While expert opinions vary, the idea of a long delay into 2026 lacks support.