Follow the ongoing legal battle between Ripple and the SEC. Get insights into the possible outcomes and the support Ripple receives in the lawsuit.
The legal dispute between Ripple and the U.S. Securities and Exchange Commission (SEC) that began in 2020 is ongoing. Recently, the SEC officially requested a review of a 2023 ruling in favor of Ripple. The SEC insists on classifying XRP as a security. Meanwhile, Better Markets has supported Ripple and introduced it as a security. With Gary Gensler stepping down as SEC chairman, analysts speculate that these changes might benefit Ripple. American lawyer John Deaton has outlined three possible scenarios for the outcome of this case, including continued litigation, Ripple paying a $125 million fine, or even withdrawal of the review request and a fine.
