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XRP Lawsuit Dismissal by August Likely, Lawyer States

Key Points:

  • Legal experts predict an imminent dismissal of the SEC vs. Ripple case.
  • XRP’s market may see significant movement.
  • SEC’s decision impacts potential crypto ETF launches.

Lawyer Bill Morgan stated that the SEC vs. Ripple lawsuit is likely to be dismissed before August 15, 2025, following an internal vote by the SEC commissioners. The outcome could affect XRP’s market performance significantly, according to expert opinions.

Ripple’s ongoing lawsuit with the SEC is significant due to its potential to change cryptocurrency regulation. An internal SEC vote remains, impacting XRP’s price and market perception.

Lawyer Bill Morgan indicated that Ripple is anticipating the SEC’s internal vote on dismissing the appeal. Ripple’s XRP trades near $3.10 amid speculation about the case’s outcome, with forecasts of a 50% price increase if the SEC withdraws its appeal.

Bill Morgan, Lawyer, pro-XRP advocate – “We are just waiting for the SEC commissioners to vote on dismissing the appeal. Dismissal of the appeals may happen, and is more likely to happen than not, before the 15 August deadline.”

XRP, Ripple’s native token, is affected by this legal status, with experts like Marc Fagel confirming that the decision is a routine internal vote. Institutional investors are monitoring the situation closely, looking for regulatory signals before launching new crypto ETFs. Financial markets observe XRP, which could experience broad regulatory sentiment shifts. Ripple previously deposited a $125 million civil penalty in escrow, showing readiness for settlement. Historical SEC actions, such as the Block.one and Telegram cases, have influenced similar asset prices, suggesting potential impacts on XRP if the lawsuit concludes.


Disclaimer:

The content on nftenex.com is provided for informational purposes only and should not be considered financial or investment advice. Cryptocurrency investments carry inherent risks. Please consult a qualified financial advisor before making any investment decisions.

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