Ripple vs. SEC case: World pays attention to final ruling this week

The legal battle between Ripple and the U.S. Securities and Exchange Commission (SEC) over whether XRP is a security is likely to be resolved this week. CryptoNewsFla
According to SH, the ruling could lead to significant fluctuations in Ripple's price. The four-year-long legal dispute between Ripple and the SEC is finally expected to be concluded this week.
Judge Torres is set to decide on penalties and orders related to the case. The SEC alleged in December 2020 that Ripple sold XRP as an unregistered security;
The court argued that XRP is a digital currency similar to Bitcoin. Judge Torres ruled that sales of XRP on exchanges are not securities, but that trading by institutional investors is.
A final ruling is expected in early August, legal experts said, but could be delayed due to settlement issues Judge Sarah Netburn is working through.
The judge has suggested a quick settlement between Ripple and the SEC, but market experts are skeptical of the possibility of a settlement. Mark Fagel, a former SEC lawyer, said that if the two sides were to settle,
If Ripple and the SEC both appeal the earlier ruling, the final decision could be delayed. However, blockchain
Enthusiasts believe it is unlikely that the SEC will appeal the ruling, which could set an important precedent not only for Ripple but also for other cryptocurrency companies.
XRP has seen a significant rise over the past two weeks. If the ruling is in its favor, the price could rise further, but if it is against it, it could fall.
Readers are keeping a close eye on the ruling this week, as XRP price volatility is likely to be heavily influenced by the outcome of the ruling.