XRP vs SEC: Legal Expert Says Ripple Is Delaying The Lawsuit

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Ripple‘s Legal Tango: Who’s Leading the Dance? 💃🕺

Ah, the Ripple vs. SEC saga! A delightful drama that has the crypto community clutching their pearls in suspense. Frustrated XRP supporters are pointing fingers at the SEC, but hold your horses, darlings! A legal expert has waltzed in to clarify the rather tangled details of this case.

Who Is Behind the Delay?

According to the ever-so-charming attorney Bill Morgan, it’s Ripple that’s playing the lead role in this delay. In a recent post, our legal luminary explained that Ripple is rather keen on having the court lift the injunction on how it can sell XRP. Surprisingly, the SEC is not the villain here; they’re practically bending over backwards to assist Ripple in this endeavor. Who knew the SEC had such a soft spot? 🤷‍♂️

Wrong. Ripple is the source of the delay. It wants the injunction dissolved. Rather than cause the delay the SEC is actually bending over backwards to help ripple have the injunction dissolved. Ripple and the SEC would have settled months ago but for Ripple wanting to dissolve…

— bill morgan (@Belisarius2020) June 18, 2025

While many were expecting a quick settlement months ago, it seems Ripple is more focused on getting those pesky restrictions lifted first. Priorities, right?

One inquisitive user asked Morgan if dissolving the injunction is necessary for Ripple to move forward. Morgan, with a twinkle in his eye, replied, “Ripple needs it, not the XRP investors,” making it abundantly clear that this little maneuver primarily benefits Ripple’s ability to sell XRP to institutions. How generous of them! 🙄

Another burning question arose: Can the judge remove the injunction but still keep the fine? The attorney confirmed that, indeed, the judge has the authority to do just that. A true magician, if you will!

Judge’s Ruling To Arrive Sooner?

The community is in a tizzy over the ongoing delays in the Ripple vs. SEC case. The next update is set for August 15, 2025. But former SEC official Marc Fagel, with a flair for the dramatic, stated that this date is not a deadline, and the case is not delayed until then. He explained that the judge could decide on the pending motion at any time—whether in a few hours, days, or even weeks. How thrilling! 🎭

The SEC case is NOT delayed until August 15. The district court judge can rule on the motion pending before her in hours, days, or weeks (or months or years, for that matter, but it obviously won’t come to that).

— Marc Fagel (@Marc_Fagel) June 18, 2025

In a previous tweet, Fagel also clarified that Judge Torres had already ruled against Ripple last year, issuing a $125M fine and a permanent injunction. The case continues only because both Ripple and the SEC decided to appeal and are now seeking changes. Quite the pickle, isn’t it?

According to Morgan, a decision could come sooner than expected. Any further delay could trigger new appeals and slow down the settlement talks. Oh, the suspense!

Both parties have signed the deal, paused their appeals, and filed the necessary motions. Now, everything hinges on Judge Torres issuing a ruling. Once approved, Ripple will pay a $50M fine, the injunction will be lifted, and both appeals will be dropped. A happy ending, perhaps? Only time will tell! 🕰️

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2025-06-20 07:23