Pro-XRP lawyer Bill Morgan stated that the Ripple vs SEC lawsuit is not officially over, leaving market participants uncertain about the outcome.
Despite Ripple CEO Brad Garlinghouse claiming victory and the SEC dropping other investigations, the regulatory body has not confirmed the end of the legal battle.
Morgan emphasized that finality can only be achieved after court proceedings have been completed, noting Ripple's Q1 2025 quarterly report referencing the lawsuit.
Ripple's CLO Stuart Aldertoty expressed confidence that the SEC will reassess its approach, aiming to bolster the industry's legal framework moving forward.