The crypto community anticipates crucial developments in the Ripple-SEC lawsuit, with a report due by August 15, 2025, that could impact XRP's classification.
The crypto community is closely monitoring the Ripple-SEC lawsuit, with a report due by August 15, 2025, regarding the appeal on XRP's classification. Ripple has withdrawn its appeal, while the SEC has not. Legal expert Bill Morgan notes that the SEC must submit a report by this date, and new information is expected soon. In 2023, a ruling stated that institutional sales of XRP are securities transactions, while programmatic sales are not, and a prior settlement was rejected by the judge.