The long-running legal dispute between Ripple and the U.S. Securities and Exchange Commission (SEC) is once again in the spotlight. With a new court update anticipated soon, rumors and speculation have been spreading widely across social media platforms. However, many of these claims are misleading or incorrect.

Clarification on the Upcoming Court Decision

Recently, a social media user suggested that Judge Analisa Torres is about to deliver a final ruling in the case, potentially redefining the regulatory status of digital assets such as XRP in the United States. Legal expert Bill Morgan promptly addressed this misinformation, explaining that the claim is inaccurate.

Morgan clarified that both Ripple and the SEC have requested an “indicative ruling” from the court. This ruling will determine whether there are special circumstances that could justify reducing Ripple’s penalty and lifting the existing ban on institutional sales of XRP. Importantly, this decision will not alter the broader legal status of cryptocurrencies.

Existing Judgment Remains Unchanged

The original summary judgment issued in July 2023, which concluded that XRP is not a security in secondary market transactions, remains intact. Morgan emphasized that both parties have agreed to maintain this substantive ruling, and it will not be vacated, amended, or modified.

Settlement Rumors Dispelled

In addition to court updates, speculation arose about a new settlement offer between Ripple and the SEC. One claim suggested that a $50 million deal had been proposed, reduced from a previous $125 million figure. Morgan dispelled this rumor, confirming that the settlement had already been agreed upon in April 2025 and received SEC approval in early May.

Next Steps in the Case

Currently, both parties have asked the court to pause any appeals related to the case. The SEC is expected to submit a status report by August 15, 2025. Meanwhile, the cryptocurrency community, particularly XRP holders, continue to watch developments closely. After more than three years of litigation, many hope this marks the beginning of a resolution.