As the dust settles from the recent favorable ruling in the Ripple case, legal expert Fred Rispoli has provided some much-needed clarity for the crypto community. Rispoli, known for his insight into securities law, has attempted to allay concerns about a potential appeal by the U.S. Securities and Exchange Commission (SEC), suggesting that if the agency decides to challenge the decision, it will be at least 2026 before any final resolution is reached.
Rispoli’s comments come amid growing speculation about the SEC’s next moves. He asserts that the regulatory body’s focus on suing exchanges and labeling various tokens as unregistered securities has “dramatically lessened the sting” of the case. “If Ripple and/or XRP don’t make it now, it’s not because of the SEC’s case,” Rispoli added, highlighting his belief that the current legal landscape is not as perilous as it might seem.
Adding to the optimism, Rispoli believes that the recent trial court ruling, which has been perceived as a win for Ripple, provides substantial “cover” for institutional partners to continue utilizing the XRP token. According to Rispoli, this ruling will remain intact at least until 2026, offering a stable environment for Ripple’s partners to navigate.
In a related development, Ripple has moved to secure the monetary portion of the court’s final judgment. This action is seen as a strategic step in light of the SEC’s potential appeal. Ripple’s proactive approach underscores the company’s commitment to mitigating risks and ensuring the continued viability of its XRP token.
Also Read: Ripple’s $125M Penalty On Hold – XRP Price Dips 3.5% Amid Legal Uncertainty
Jeremy Hogan, a partner at Hogan & Hogan, has weighed in on the situation, noting that the SEC has yet to make a final decision on whether to appeal the ruling. Hogan suggests that if an appeal was imminent, the SEC would have already filed a notice. Last month, Hogan estimated a 60% chance of an appeal, citing the SEC’s unpredictable nature. “An appeal could also backfire,” Hogan noted, reflecting the uncertainty surrounding the SEC’s strategy.
As the legal battle continues, Ripple remains in a strong position thanks to recent court rulings and strategic moves. The next few years will be critical in determining the long-term implications for Ripple and the broader crypto industry. For now, Ripple’s institutional partners and the wider XRP community can take some comfort in the current legal protections and the potential for new federal legislation to reshape the regulatory landscape.
Disclaimer: The information in this article is for general purposes only and does not constitute financial advice. The author’s views are personal and may not reflect the views of Chain Affairs. Before making any investment decisions, you should always conduct your own research. Chain Affairs is not responsible for any financial losses.
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