Home Altcoins News Why XRP Holders Should Stay Calm: SEC Appeal May Not Shake the Ripple

Why XRP Holders Should Stay Calm: SEC Appeal May Not Shake the Ripple

XRP

XRP holders have been on edge, speculating about the potential implications of an appeal by the U.S. Securities and Exchange Commission (SEC) in the ongoing Ripple case. However, legal experts are advising calm, suggesting that the SEC’s potential appeal might not be as disruptive as some fear.

The Current Situation

The legal battle between Ripple Labs and the SEC has been a rollercoaster, marked by intense scrutiny and fluctuating predictions. Recently, attorney Fred Rispoli has weighed in on the situation, aiming to allay concerns regarding the SEC’s possible move to appeal a recent court ruling favorable to Ripple.

Rispoli, a prominent legal voice in cryptocurrency circles, points out that if the SEC does decide to appeal, it’s unlikely that a new ruling will emerge before at least 2026. This extended timeline could provide Ripple and its supporters ample breathing room to navigate through any uncertainties.

Lessening the Sting of an Appeal

According to Rispoli, the SEC’s broader strategy—targeting cryptocurrency exchanges and questioning the status of various tokens as unregistered securities—has significantly mitigated the impact of any single case, including Ripple’s. The heightened regulatory scrutiny across the board has somewhat diminished the significance of any individual legal setback for Ripple.

“If Ripple and/or XRP don’t make it now, it’s not because of the SEC’s case,” Rispoli asserts. This perspective suggests that while the SEC’s actions are a factor, they are not the sole determinant of Ripple’s future success.

Ripple’s Legal Standing

Recent developments have been relatively positive for Ripple. The trial court’s decision has been seen as a victory for Ripple, providing a level of legal protection for the company’s institutional partners to use the XRP token without immediate threat. This favorable ruling is expected to remain intact at least until 2026, adding a layer of stability for Ripple’s operations.

Rispoli also notes that emerging federal legislation may eventually supersede the SEC’s claims, potentially reshaping the regulatory landscape in a way that could benefit Ripple and other cryptocurrency entities.

The SEC’s Next Move

The SEC’s decision on whether to appeal the ruling remains uncertain. Legal analyst Jeremy Hogan, a partner at Hogan & Hogan, believes that the SEC is still weighing its options. Hogan has suggested that if the SEC had already decided to appeal, it would have likely filed a notice of appeal by now.

In August, Hogan estimated a 60% chance of an appeal, based on the SEC’s tendency to pursue aggressive litigation strategies. However, he also acknowledged that an appeal could backfire, adding a layer of unpredictability to the situation.

Ripple’s Strategic Response

In response to the SEC’s ongoing legal actions, Ripple has proactively sought to secure the monetary aspects of the court’s judgment. This strategic move underscores Ripple’s intent to safeguard its interests and prepare for potential future challenges, including an appeal.

Ripple’s legal team, guided by the recent trial court decision, is positioning itself to mitigate any adverse effects from the SEC’s actions. This preparation includes addressing potential appeals and leveraging the favorable ruling to bolster the company’s legal and operational standing.

Conclusion

For XRP holders, the current atmosphere of uncertainty surrounding the SEC’s potential appeal might be unsettling, but legal experts advise against panic. The timeline for any new rulings is expected to stretch into 2026, offering Ripple significant time to navigate through regulatory challenges. Moreover, the broader context of increased regulatory scrutiny and potential legislative changes could shift the dynamics in Ripple’s favor.

As the situation develops, staying informed and understanding the legal landscape will be crucial for XRP holders. While the future remains unpredictable, the current analysis suggests that immediate concerns about the SEC’s appeal might be less pressing than they appear.

With expert insights providing reassurance and strategic responses from Ripple, there is a reason to remain cautiously optimistic about the future of XRP and its ongoing legal battles.

Read more about:
Share on

Maheen Hernandez

A finance graduate, Maheen Hernandez has been drawn to cryptocurrencies ever since Bitcoin first emerged in 2009. Nearly a decade later, Maheen is actively working to spread awareness about cryptocurrencies as well as their impact on the traditional currencies. Appreciate the work? Send a tip to: 0x75395Ea9a42d2742E8d0C798068DeF3590C5Faa5

Crypto newsletter

Get the latest Crypto & Blockchain News in your inbox.

By clicking Subscribe, you agree to our Privacy Policy.

Get the latest updates from our Telegram channel.

Telegram Icon Join Now ×