Ripple $2.15 and the long -standing lawsuit between the US Securities and the Stock Exchange Commission (SEC) continues to stretch the crypto world of money. Selection was held responsible. However, according to the law expert Bill Morgan, Ripple is the main source of the delay in the last stage of the case. Morgan announced that Ripple had applied to the court to remove the ban on XRP sales and that SEC was cooperating in this process. This move was in front of the expected reconciliation. The next official calendar update will be on August 15, 2025, but former SEC official Marc Fagel said the decision may come before this date.
Why does Ripple want to remove the ban?
Bill MorganRipple’s priority is to remove the ban last year by the court and restricting the sale of XRP to corporate customers. It is stated that SEC supports the process by not objecting to this demand.
“This is necessary for Ripple, not for XRP investors,” Morgan said to the question of whether a user’s removal of the ban is compulsory for Ripple. This answer is primarily the corporate of Ripple XRP It clarifies that it is aimed at regaining sales capability.
In the event of the abolition of the ban, the question of whether Ripple will pay a fine came to the agenda. Morgan confirmed that the judge had the authority to approve the fine at the same time while lifting the ban. This means that the two decisions can be independent of each other.
When will the final decision in the Ripple-SEC case come?
Crypto currency The world is disappointed due to continuous delays in the conclusion of the case. Old Secretary Officer Marc FagelStressed that the date of 15 August 2025 was not a final date for a final decision. Fagel, the judge looking at the case Analisa TorresHe announced that he could decide the waiting demand at any time, a few hours, days or weeks.
Fagel, in a statement in the past, Judge Torres decided against Ripple last year, the company has been fined 125 million dollars and permanent prohibition was brought. The only reason why the case still continues is that both sides appeal to both sides and now demand changes in this decision. Fagel underlined that the responsible of this situation is not a judge, but the parties.
Morgan’s opinion that the decision may come earlier. He added that any additional delay will lead to new appeal applications and that it could slow down compromise negotiations. At present, the parties signed the agreement, suspended appeal applications and submitted the necessary documents. Now everything is waiting for judge Torres to explain the decision. In case of approval, Ripple will pay a fine of 50 million dollars, the ban will be removed and the appeal applications of both sides will be reduced.
Responsibility Rejection: The information contained in this article does not contain investment advice. Investors should be aware that crypto currencies carry high volatility and thus risk and carry out their operations in line with their own research.
