Crypto Lawyer Reveals Why the SEC Hasn’t Closed the Ripple Case
Lawyer James Murphy, known as Metalawman, suggested a theory for the delay in the SEC’s case against Ripple.
He speculates that Ripple might be negotiating with the SEC to vacate parts of Judge Torres’ decision, which, while favorable for XRP holders, contains concerns for Ripple, such as findings of securities violations and injunctions. Murphy believes the SEC would accept a settlement where both sides drop appeals, and Ripple pays a $125 million fine.
However, he notes that recent judicial trends have made it harder to vacate rulings as part of settlements, adding complexity to Ripple’s long-term strategy.
Clever Robot News Desk 3rd March 2025
