Since all motions in the Ripple–SEC case have been filed and all scheduled hearings have taken place, Judge Analisa Torres may send an abstract decision at any time. While John Deaton emphasized that the deadline was not March 31 as James Filan had stated in November 2022, Choose Torres would issue her resolution by that date. Buyers of cryptocurrencies are already feeling hopeful, as shown by the recent significant increase in XRP’s value.
Currently, pro-XRP legal expert The ongoing SEC v. Ripple litigation has received another curious response from attorney Jeremy Hogan, who also predicted that it would last into 2026.Hogan did point out that both parties have the right to appeal the judge’s decision, so the impending decision couldn’t be the end of the case.
According to Hogan, Ripple has already said what it would do if the SEC is successful in obtaining the abstract resolution. According to Ripple General Counsel Stuart Alderoty, Ripple would appeal to the second circuit of the Appellate Court and even the Supreme Court.
In a previous statement, he had said, “If the Choose rules in Ripple’s favor, I don’t think the SEC goes to appeal. The reason I say that is because there is no benefit to the SEC in appealing because if the case is heard by the Second Circuit in the Appellate Court and the Second Circuit rules against the SEC, then that ruling becomes a binding precedent.
Despite the rising tension surrounding the outcome of the Ripple-SEC case, the CEO and President of Ripple are optimistic about a good outcome. According to Hogan, this case could put an end to the SEC’s frivolous cryptocurrency cases since Ripple is prepared for battle.
Ripple has invested $100 million to thwart the SEC. And the information about ripple is decent. greater than for many cryptocurrency projects. Therefore, that is the situation where what the SEC is doing might be stopped.