Pro-crypto lawyer Bill Morgan maintains that Ripple, despite the Supreme Court's directive to pay $125 million, was granted a fair hearing in its legal battle against the SEC. This lawsuit, initiated in 2020, contends that Ripple made substantial profits by selling XRP tokens as unregistered securities, with claims it amassed over $1 billion.
Despite the financial repercussions imposed by the court, Morgan sees no prospect of a settlement between Ripple and the SEC. The enduring legal conflict underscores significant regulatory challenges persisting in the rapidly evolving cryptocurrency sector, as Ripple continues to navigate its operations amid complex legal frameworks.
