Lawyer Bill Morgan has shared that the enchantment case between Ripple Vs SEC case is most certainly to be dismissed earlier than the August 15 standing report deadline. This highlights the growing confidence amongst authorized analysts on the result of the XRP lawsuit.
Lawyer Says XRP Lawsuit Appeal Dismissal Now a Matter of Timing
In a latest X post, famend lawyer Bill Morgan acknowledged that the Ripple-SEC case might see a remaining decision earlier than August 15. In clear phrases, he mentioned it’s extra more likely to occur than not.
Dismissal of the appeals might occur, and is extra more likely to occur than not, earlier than the 15 August deadline to report back to the enchantment court docket on the standing of the appeals. 15 August, nonetheless, will not be a deadline for the events to dismiss their respective appeals.
He additionally weighed in on latest misinterpretations circulating on-line relating to the XRP lawsuit. He clarified that Judge Analisa Torres has already fulfilled her judicial function within the case. Contrary to common perception, no pending determination is anticipated from her. The remaining steps now relaxation with the SEC commissioners and Ripple, each of whom should formally transfer to dismiss their appeals.
Morgan famous that Ripple beforehand dedicated to dropping its enchantment and even signed a conditional settlement settlement with the SEC. However, these situations weren’t met on the time.
Echoing Morgan’s sentiments, former SEC lawyer Marc Fagel confirmed that Judge Torres’ involvement is complete, and any remaining authorized actions hinge solely on the mutual choices of Ripple and the SEC. Fagel additionally identified that Judge Torres’ ruling towards Ripple would robotically take impact as soon as the appeals are withdrawn.
Fagel additionally addressed ongoing claims about Ripple’s monetary penalty. He confirmed that Ripple has deposited the $125 million penalty into an escrow account managed by its authorized counsel. The funds, nonetheless, haven’t but been launched to the U.S. Treasury, which can doubtless happen as soon as the enchantment course of is formally concluded.
XRP Adoption Surges as Appeal Case Nears End
With the XRP lawsuit nearing an finish, company confidence in XRP has change into a development. Bill Morgan earlier highlighted that an growing variety of firms are including XRP to their treasuries.
Recent with the SEC extra firms or planning to carry XRP on the stability sheet:
1. Form 10-Q submitting of Flora Growth Corp reveals it holds XRP (and Solana and Eth) on its stability sheet.
According to the corporate’s web site it acquired digital property to strengthen its stability sheet.… pic.twitter.com/VCDA9vOq6w— invoice morgan (@Belisarius2020) August 5, 2025
SEC filings present that firms like Flora Growth Corp and Hyperscale Data Inc. have begun disclosing XRP holdings. Hyperscale’s subsidiary, Ault Capital Group, plans to invest $10 million in XRP. This indicators its intent to make use of the token for cross-border settlements.
Similarly, vertical farming agency Nature’s Miracle announced a $20 million XRP treasury initiative. Backed by an S-1 fairness registration authorised by the SEC, the funding solidifies the corporate’s long-term religion in XRP as a treasury asset.
As the August 15 deadline for the standing report approaches, the XRP neighborhood is feeling more and more constructive. Some analysts have positioned the percentages of a settlement at 70–90%. They are speculating that any remaining deal might embody a lowered penalty of $50 million and, crucially, no injunctive restrictions on Ripple’s actions. The anticipation is predicated on the assumption that each Ripple and the SEC wish to keep away from prolonging the case any additional.
Michael Adeleke
Michael Adeleke is a passionate crypto journalist identified for breaking down complicated blockchain ideas and market tendencies into clear, participating narratives. He focuses on delivering well timed information and sharp market evaluation that retains crypto fans knowledgeable and forward of the curve. With an engineering background and a level from the University of Ibadan, Michael brings analytical depth and precision to each piece he writes.
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