Krutika Adani
US District Judge gave Ripple its landmark “partial victory” on 13 July 2023, which is now more than a year ago.
Torres ruled that the programmatic sales of XRP from 2017 did not meet the criteria for being considered a security, as the SEC claimed.
The crypto community expected that the case would finally be resolved in July, a whole year after Judge Torres’ ruling.
There has also been speculation about the SEC planning to appeal due to the “weakness of their case”
Bill Morgan, XRP enthusiast and lawyer, stepped in to point out how the idea that XRP “will soon” get regulatory clarity is wrong.