Ripple vs. SEC: Lawyer Addresses Speculations, Explains Possible Outcome in Lawsuit

Lawyer Bill Morgan has addressed speculation surrounding the Ripple versus SEC case following a post by crypto commentator John Squire, which suggested that a final ruling was imminent.

Squire claimed that Judge Analisa Torres was close to delivering a decision that could potentially reshape the legal status of digital assets in the United States. The post quickly gained traction within the XRP community, sparking widespread debate and confusion.

According to Morgan, those claims are inaccurate, and he clarified that the court is not preparing a final judgment but rather an indicative ruling. The next ruling will be on the exceptional circumstances under which it would be reasonable to alleviate the monetary fines imposed on Ripple and lift an existing injunction.

Also Read: CME Group Releases Impressive XRP Futures Performance Report – Ignites XRP Community

Morgan stressed that the judge’s decision on the summary judgment made in July 2023, which held that Ripple’s programmatic XRP sales were not a security, will not be reopened or revised.

The clarification by Morgan was a direct response to online claims that there is a possibility that the ruling may redefine the regulatory basis of digital assets in the U.S.

He was insistent that Ripple and the SEC had decided upon the substantive summary judgment being upheld. The existing motion that is being considered is procedural in terms of penalties.

This is incorrect. The decision on the joint motion filed last week will be an indicative ruling on whether there are exceptional circumstances to warrant the Court reducing the penalty and dissolving the injunction.

It will not be a ruling that will redefine the status of… https://t.co/lkjE24WkSE pic.twitter.com/YR8Lq6gxwG

— bill morgan (@Belisarius2020) June 25, 2025

Community Reacts to Delay and Confusion

Reactions from the XRP community continue to reflect growing frustration over the duration of the case. Investor Gavin (@gjg1978) expressed disappointment, calling the delays burdensome for investors. Morgan himself joined the criticism, describing the lengthy legal process as a “national disgrace to the US.”

Meanwhile, another user, Terrell Williams (@HowInvesting), asked when Judge Torres might deliver the ruling. Though Morgan did not provide a specific date, he reiterated that the expected ruling is limited to penalty considerations and does not affect XRP’s classification.

The XRP community remains alert as Judge Torres prepares to rule on Ripple’s request for reduced penalties. Legal experts continue to stress that the outcome will not alter the established status of XRP or broader digital asset regulations.

Also Read: Bitcoin Hits $107K as Solana and Dogecoin Decline in Daily Trading

The post Ripple vs. SEC: Lawyer Addresses Speculations, Explains Possible Outcome in Lawsuit appeared first on 36Crypto.