Ripple’s Legal Endgame? Settlement Filed, But XRP Still Faces 4 Critical Hurdles Before Clear Victory
Ripple just lobbed its settlement paperwork into the legal arena—but don’t pop the champagne yet. The SEC’s playground rules still demand four brutal compliance hoops before XRP gets its ’not a security’ trophy.
First hurdle: Regulatory rubber-stamping. Even with a deal inked, watchdogs move at the speed of bureaucracy—think molasses in January.
Second: Exchange relisting dominoes. Major platforms won’t touch XRP until every ’i’ gets dotted (and every lawyer gets paid).
Third: Institutional PTSD. After three years of legal limbo, big money needs more than a settlement—it needs therapy.
Fourth: The inevitable appeal. Because in crypto regulation, the house always finds another card to play.
Bottom line? This isn’t victory—it’s VIP access to the next round of legal purgatory. But hey, at least the lawyers are making bank.
After nearly four years of intense legal battle, the U.S. Securities and Exchange Commission (SEC) has officially filed a Settlement Agreement Letter in its case against Ripple Labs. While the XRP community is celebrating this major development, legal experts warn that the case isn’t fully over yet.
According to attorney James K. Filan, even though both parties have agreed to the settlement terms, Judge Analisa Torres must first decide if the deal serves the public interest. Only after that decision will the case finally come to a close.
#XRPCommunity #SECGov v. #Ripple #XRP BREAKING: The @SECGov has filed the Settlement Agreement Letter. https://t.co/eXuWjyQECc
— James K. Filan
What Happens Next? The 4 Key Steps Remaining
Here’s a breakdown of the four big steps that still need to happen before Ripple can claim total victory:
XRP Community Stands Strong
Attorney Bill Morgan pointed out that the vast majority of the public impacted by this case are XRP holders. He said that over 80,000 XRP holders joined attorney John Deaton in representing their interests during this legal fight, and there’s no record of even one XRP holder supporting the SEC’s position.
The settlement process that has happened in SEC v Ripple over the last several weeks and will continue over the next few months is apparent from the details of the rule 62.1 motion filed today asking for an indicative ruling from Judge Torres.
1. Settlement agreement signed by…
Morgan believes this overwhelming public support could help convince the judge that dissolving the injunction and settling with a $50 million fine is in the public interest.
Will the Judge Agree?
While many XRP supporters are excited, not everyone is sure about the outcome. Former SEC attorney Marc Fagel stated that Judge Torres’ earlier ruling on Ripple’s institutional sales is likely to be upheld by higher courts. He warned that if the judge rejects the settlement, it’s unclear whether the SEC WOULD continue to defend the case on appeal.
Still, others in the XRP community feel confident that Judge Torres is likely to approve the settlement. Some point to the changing stance of U.S. regulators towards crypto, along with Ripple’s stronger legal position in appellate courts.
