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The Ripple vs. SEC lawsuit remains the most complex case among ongoing crypto legal battles. While other cases are seeing dismissals, Ripple’s situation involves additional procedural steps.
Legal experts suggest that resolving this dispute will take longer than others due to its unique circumstances. Unlike recent dismissals, this case already has a final judgment in place. Consequently, negotiations between Ripple and the SEC must address multiple legal and financial factors before settling.
SEC closes investigation of @RobinhoodApp crypto business after previously issuing Wells Notice.
— MetaLawMan (@MetaLawMan) February 24, 2025
The post-Gensler SEC appears to finally recognize that most crypto tokens are not securities.
We should see dismissals of cases against @Gemini, @Kraken, @Binance, @Ripple & others.
What you'll learn 👉
Ripple Case Faces More Legal Hurdles Than Others
Pro-XRP attorney MetaLawMan noted that the SEC recently closed its investigation into Robinhood’s crypto business.
He pointed out that the agency seems to recognize that most crypto tokens are not securities. Following this shift, dismissals are expected for cases against Gemini, Kraken, Binance, and Ripple. However, Ripple’s case presents additional complexity.
MetaLawMan emphasized that Ripple is the only live crypto case with a final judgment. The SEC and Ripple must determine how to handle the judgment and the escrowed funds, making negotiations more challenging. While other cases got tossed out entirely, Ripple’s lawyers need to navigate these procedural hurdles before they can put this to bed.
Jeremy Hogan, a lawyer following the case, pointed out that the Coinbase lawsuit was thrown out “with prejudice” – legal-speak for “it’s over for good.” This ruling suggests the SEC is changing its crypto litigation strategy.
The Coinbase Case was Dismissed WITH Prejudice – meaning it cannot be refiled later; not even a settlement agreement with some minor concessions!
— Jeremy Hogan (@attorneyjeremy1) February 21, 2025
I guess this SEC is not waiting for Atkins to be confirmed before making big crypto moves.
Ripple –> https://t.co/99TyHvWMLf pic.twitter.com/XYHlHlDQpt
As earlier reported by Captain Altcoin, Eleanor Terrett had highlighted that the SEC must now decide whether to drop its appeal at the Second Circuit regarding Ripple. Judge Analisa Torres, who ruled on the case at the district level, retains jurisdiction until August 7, 2025.
This ensures compliance with the court’s final judgment, including the $125 million penalty imposed on Ripple. If the SEC chooses to negotiate a settlement, it must coordinate with the district court to modify or eliminate the penalty.
Read also: We Asked AI to Predict XRP Price if Bitcoin Crashes to $80k
XRP Price Reaction Amid Legal Uncertainty
Dark Defender expressed confidence that the Ripple case is next in line for resolution. XRP feels the market pinch as legal drama continues.
The market has seen XRP trading at $2.14, down over 12% in a day and nearly 17% for the week. Bitcoin’s drop below key levels has obviously played a part in XRP’s dip besides pulling the whole crypto market into a slump.
Despite the current slide, Ripple winning its case could give XRP a serious boost when the dust settles. Whatever way this court battle ends, it’s likely to set important precedents for how crypto gets regulated moving forward.
The market’s still holding its breath – short-term pain, but possibly long-term gain if Ripple comes out on top.
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