- The Ripple vs SEC case is definitively closed.
- Legal barriers prevent any reopening efforts.
- XRP's non-security status affirmed by the ruling.
Attorney Bill Morgan clarifies that the SEC vs. Ripple case, closed in August 2025 under res judicata, cannot be reopened, securing XRP's non-security status.
Morgan's statement ensures the market stability of XRP, precluding further SEC revisions and defending Ripple against similar claims before 2021.
The ongoing discourse on the Ripple vs. SEC case has been addressed by Bill Morgan, a well-regarded attorney in the crypto space. He confirms the legal doctrine, res judicata, prevents the case's reopening. Bill Morgan, Australian crypto attorney, states res judicata blocks relitigation of the XRP security status. Ripple Labs has thus concluded this legal chapter, as confirmed by a 2025 ruling.
The conclusion of this case provides clarity for Ripple and XRP's standing in the financial markets. Investors can be more confident in Ripple's legal position in regard to its sales during 2013-2020. This outcome not only safeguards Ripple from future SEC claims concerning past actions but also affirms XRP's non-security status, which can influence other cryptocurrency-related legal judgments.
Ripple's resolution might mean a reduction in regulatory scrutiny for their transactions, enhancing operational stability. Market confidence in XRP stands to benefit, potentially influencing its position in the crypto market hierarchy. Despite the case's closure, the regulatory lens on cryptocurrency remains intense. Ripple's experience may guide other entities on navigating legal boundaries and adapting to evolving regulatory landscapes.
"Too bad the SEC can’t go against those companies again on the same matters. Res Judicata, baby." - Bill Morgan, Australian-based crypto attorney