Current State and Expectations of the Ripple Case

The case between Ripple and the United States Securities and Exchange Commission (SEC) is ongoing. SEC demands a 2 billion dollar fine from Ripple, which has been affected by a similar situation with Binance. The Ripple case represents a crucial turning point for the cryptocurrency XRP, and its outcome could be decisive in classifying XRP as a security.

The Struggle Between Ripple and SEC

As SEC intensifies its pressure on Ripple, critical dates for the Ripple case have been set. Judge Analisa Torres ruled that some XRP sales are not considered securities, but emphasized that institutional sales should be viewed as an investment contract. This has caused fluctuations in the price of XRP.

The Future of the Case and Potential Outcomes

The possibility of XRP not being classified as a security remains, but the appeal process could change this. Experts predict that the case may conclude in 2026. Summary judgments in favor of Ripple could strengthen the position of XRP in the market.

Takeaways for the Reader

The case between Ripple and SEC will have a decisive impact on the security status of XRP.
Decisions in favor of Ripple could positively affect the price of XRP.
The prolongation of the case and its potential to extend until 2026 are foreseen.

In conclusion, the Ripple case will have significant implications for both Ripple and the general cryptocurrency market. The progress and outcomes of the case could directly influence the legal status and position of XRP in the market. However, it should be noted that this process will take a long time and will involve various appeal processes.