26.06.2025 17:40

A US federal judge dealt a significant blow to both Ripple Labs and the Securities and Exchange Commission (SEC), rejecting their collaborative attempt to conclude the protracted XRP lawsuit. This denial leaves the legal status of XRP, and indeed the broader cryptocurrency market's regulatory landscape, significantly unsettled.

The judge, Analisa Torres, refused the joint motion to dismiss, highlighting unresolved issues, specifically concerning remedies related to Ripple's institutional XRP sales. This decision, following a previous ruling that partially favored Ripple but created regulatory ambiguity, throws the future of the case into sharp relief. It represents a considerable setback for both parties who had hoped for a swift resolution.

Consequently, Ripple now faces a crucial strategic crossroads. As confirmed by Chief Legal Officer Stuart Alderoty, the company must choose between pursuing an appeal against the judge's partial ruling or accepting the court's decision and exploring either a settlement or outright dismissal of the case. This choice carries considerable weight, determining the trajectory of the legal battle and impacting XRP's market position.

The judge's rejection underscores the complexity and ongoing uncertainty surrounding the regulatory classification of cryptocurrencies. While the previous ruling affirmed that XRP was not a security in all instances, this unresolved legal challenge persists, affecting investor confidence and market sentiment. The outcome of Ripple's decision will undoubtedly shape future regulatory considerations concerning the crypto industry as a whole. The future of the XRP lawsuit, and its implications, remains highly uncertain.