Recently, speculation has arisen regarding the potential timelines for the ongoing legal battle between Ripple Labs and the U.S. Securities and Exchange Commission (SEC). Analysts and legal experts discussed the likelihood of the case results being delayed until late 2026.
Likelihood of Delay Until 2026
A recent post by crypto analyst Bale suggested that a final resolution in the Ripple case could be delayed until late 2026. However, seasoned legal expert and XRP advocate Bill Morgan dismissed this possibility, deeming it highly unlikely unless Judge Analisa Torres rejects the latest joint motion from both parties.
Current Situation of the Case
The SEC filed suit against Ripple in December 2020, alleging that the company raised over $1 billion through unregistered XRP sales. In July 2023, Judge Torres delivered a landmark ruling that partially favored Ripple, indicating that while institutional sales were considered securities violations, XRP itself is not a security.
Prospects of Resolution
With both sides expressing a desire for resolution, legal experts like John Deaton have shown optimism that a ruling from the judge will come soon. The predictions from specialists suggest that barring unforeseen developments, closure might be within imminent reach.
The outcome of the Ripple vs SEC case largely hinges on the decisions made by Judge Torres. Should complications remain minimal, a constructive approach from both parties could lead to the conclusion of this protracted legal dispute.