Legal experts Kristi Warner and James Murphy discussed the ongoing SEC vs Ripple lawsuit, noting that recent developments could extend the legal battle until 2026. The SEC has appealed a ruling by Judge Torres from 2023, which has led to frustration among stakeholders and speculations about XRP's future price.
The key point of discussion is whether Ripple will initiate a cross-appeal within the two-week window available to them. This decision could significantly impact the timeline and outcome of the case, which in turn, affects market sentiments and price expectations for XRP.
This prolonged legal conflict poses challenges for Ripple, as market observers eagerly anticipate a resolution that could allow XRP to rise to the $1 mark. Meanwhile, the SEC's appeal suggests a continued hard stance on securities regulations within the cryptocurrency space.
