Pro-XRP lawyer Bill Morgan emphasized the significant hurdles the U.S. Securities and Exchange Commission (SEC) poses to a settlement with Ripple. Amid the ongoing Ripple vs SEC legal battle, the regulatory agency is expected to make a slew of appeals to deter the defendant’s victory.
Ripple Vs SEC Settlement To Delay
In a post on X, Morgan highlighted the SEC’s pursuit of an injunction to halt Ripple’s On-Demand Liquidity (ODL) sales and its intent to appeal programmatic sales as major obstacles. Morgan stated, “The SEC seeking an injunction that would stop ODL sales and the SEC’s intention to appeal on programmatic sales are bigger obstacles to settlement.”
Moreover, these actions by the SEC indicate a prolongation of the legal dispute between Ripple and the regulatory agency. Morgan’s remarks shed light on the complexities surrounding the ongoing litigation and the challenges faced by both parties in reaching a resolution. In addition, the XRP price is also expected to
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