Ripple Legal Officer Confirms Judge’s Settlement Block Does Not Impact XRP’s Non-Security Status or Ripple’s Legal Win Over SEC
Ripple’s ongoing legal dispute with the U.S. Securities and Exchange Commission (SEC) has seen a recent twist: a judge blocked a proposed settlement between the two parties. Despite this, Ripple’s Chief Legal Officer reassured the crypto community that the ruling does not overturn Ripple’s prior legal victory, specifically the decision that XRP is not classified as a security in the U.S. The proposed settlement aimed to lift restrictions on Ripple’s institutional XRP sales and reduce penalties, but the judge deemed the motion procedurally improper, pressing both sides to provide stronger justification for any judgment modification. While the court’s latest move introduces further legal complexity, Ripple underscores that all core favorable judgments remain intact. The outcome of this high-profile case continues to closely influence crypto market regulation and the status of the XRP token. For traders, XRP’s regulatory clarity holds for now, though the legal process could spark short-term volatility depending on future developments.
Neutral
The judge’s rejection of the proposed Ripple-SEC settlement does not alter the previous legal judgment that XRP is not a security, which maintains legal clarity for the token. While the setback adds procedural hurdles and increases legal complexity, it does not introduce new regulatory risk to XRP or suggest an imminent change in its market status. This stability in XRP’s legal position is likely to contain any negative market reactions. However, the ongoing legal uncertainty could lead to short-term volatility, especially as traders react to each new court development. Overall, unless further adverse decisions arise, the price impact on XRP is expected to remain neutral in the near term.