News View Non-AMP

Ripple SEC Case Isn’t Over Yet — Lawyer Bill Morgan Clears the Confusion

Published by
Mustafa Mulla

Many in the XRP community were celebrating, thinking the SEC had ended its fight with Ripple. A tweet from Ripple’s Chief Legal Officer last month made it sound like the SEC had dropped its appeal. Some even said the SEC has now stopped going after every crypto company in the U.S.

But XRP lawyer Bill Morgan stepped in to clear the air — and his message is clear: The case isn’t over yet.

Community Confusion Over SEC Appeal

It all started when XRP_CRO, a popular voice in the XRP community, highlighted a tweet from Ripple’s Chief Legal Officer, Stuart Alderoty, last month. The tweet stated that the SEC had completely dropped its fight with Ripple.

Some even began saying the agency had now dropped every case against every crypto company in the U.S.

But Bill Morgan quickly responded to correct the narrative.

Bill Morgan: “The Appeal Is Still on Foot”

Bill Morgan, however, responded with a reality check. He explained that the appeal is not over—it is simply “in abeyance,” or on hold. 

What happens next depends on Judge Torres, who must give a clear signal, called an “indicative ruling.” If the judge gives a positive ruling, the settlement can move forward. 

If not, Ripple may continue with its cross-appeal, and the SEC could revive its own appeal, keeping the case alive. Meanwhile, the SEC is scheduled to file a status report by August 15, 2025.

Don’t Celebrate Too Early

Bill Morgan warned the XRP community not to celebrate too soon. He said the lawsuit has been unfair from the start, calling it a “horrible anti-retail investor” case. In other words, it hurt everyday crypto users more than anyone else.

The SEC may have stepped back for now, but the fight isn’t fully over. Until the judge gives her final say, nothing is confirmed.

Mustafa Mulla

Mustafa has been writing about Blockchain and crypto since many years. He has previous trading experience and has been working in the Fintech industry since 2017.

Recent Posts

China To Permit Launch of the First Yuan Stablecoin to Rival U.S. Dominance

China is set to approve the development of the first Yuan stablecoin for internal and…

August 7, 2025

Solana (SOL) Set to Skyrocket Past $300 as Bulls Re-Awaken, But It Could Take a Backseat to DeSoc Predicted 43x Surge

Solana has been one of the strongest altcoins this year. Its fast transactions and low…

August 6, 2025

Fed Official Kashkari Backs Two Rate Cuts in 2025; Rate Cut Odds Hit 93%

There are growing concerns at the Fed over an economic slowdown, and calls for rate…

August 6, 2025

Blockchain-Ads Review: Is It the Best Advertising Platform?

Blockchain-Ads is a 3rd-generation advertising platform built for marketers who operate at scale and require…

August 6, 2025

XRP Gains Momentum at $2.90, Yet Ozak AI’s Under $0.10 Price Could Offer 220x Upside With $1.5M Raise

XRP traded at $2.79 after a 6.91% daily decline, holding a $165.81 billion market capitalization…

August 6, 2025

The Most Undervalued Coin To Invest In Right Now: Is It Cardano (ADA), Pepe Coin (PEPE) or Remittix (RTX)?

Finding the best crypto to buy now means identifying projects with strong fundamentals, clear utility,…

August 6, 2025