TLDR
- The SEC vs Ripple lawsuit remains unresolved despite joint efforts to end the case.
- Legal expert Bill Morgan emphasized that the case still impacts institutional XRP investors.
- An injunction on Ripple’s institutional XRP sales remains active and legally binding.
- Ripple and the SEC jointly filed a motion to dissolve the injunction and amend penalties.
- The proposed motion seeks to redistribute the $125 million penalty between both parties.
The long-running SEC vs. Ripple lawsuit remains unresolved despite ongoing efforts by both parties to resolve it. Legal experts stress that unresolved aspects still pose concerns, especially for institutional investors navigating compliance frameworks. A recent motion signals possible closure, but important legal barriers remain that could impact XRP’s broader institutional utility.
Ripple vs SEC Motion Seeks Legal Relief
Legal expert Bill Morgan emphasizes that the SEC vs. Ripple case still presents unresolved legal implications for institutional investors. He explained that the court’s existing injunction on Ripple’s XRP sales remains a major point of contention. This injunction affects Ripple’s ability to sell XRP directly to institutions under clear legal guidelines.
The dissolving of the injunction is still important at least to institutional investors who wish to acquire XRP from Ripple in the US. There will be uncertainty whether such a sale of XRP to institutional investors is an investment contract. From Ripple’s perspective, it alone… https://t.co/9s6tewYARQ
— bill morgan (@Belisarius2020) June 17, 2025
The motion filed on June 12 seeks to dissolve this injunction permanently and resolve the civil penalty terms. Ripple and the SEC jointly requested Judge Analisa Torres to amend the final judgment issued last year. This adjustment would remove current restrictions and allow Ripple to engage in institutional XRP transactions legally.
Until a ruling is issued, Ripple faces continued legal limitations that restrict full-scale institutional engagement in the United States. Although retail XRP trading continues without disruption, institutional compliance protocols remain stricter and less flexible. Ripple’s competitors not bound by such restrictions hold an operational advantage.
Legal Uncertainty Limits Ripple’s Institutional Growth
Despite some market belief that legal risks have ended, Morgan argues that these assumptions ignore remaining compliance issues under court orders. The SEC vs Ripple lawsuit’s unresolved injunction creates uncertainty for institutional investors considering XRP for large-volume transactions. The possibility of violating an active court order restricts Ripple’s operational scope.
Ripple cannot freely conduct XRP sales to institutional clients while the injunction remains. This limitation reduces Ripple’s growth potential within regulated financial environments and may discourage new institutional entrants. Therefore, Ripple’s legal team seeks to finalize this issue by dissolving the injunction entirely.
The latest filing under Rule 60 proposes both a redistribution of penalties and legal clarity on future XRP sales. Ripple would recover $75 million while the SEC retains $50 million of the penalty under the proposed modification. This request also aims to eliminate any future litigation over the matter.
Motion to Amend Seeks Final Case Resolution
Ripple and the SEC have paused their appeals process, pending Judge Torres’ decision on the June 12 motion. The pause extends until August 15, 2025, allowing the judge time to consider the motion’s details. This procedural move signals both parties’ interest in ending the SEC vs Ripple legal conflict.
The current filing improves upon a previous attempt that Judge Torres dismissed due to procedural shortcomings. Now revised, it includes updated terms that better align with the court’s expectations. Both parties argue that regulatory changes and mutual interest in closure support the motion’s approval.
Until the court rules, the SEC vs Ripple lawsuit continues to affect Ripple’s strategic positioning. Institutional investors await legal clarity, while Ripple’s competitors operate without similar limitations. The final judgment may decide whether XRP can expand its presence in regulated financial markets without further obstacles.
