Amid SEC scrutiny, legal expert Bill Morgan suggests Ripple may need to rethink its XRP sales approach, impacting its On-Demand Liquidity (ODL) operations. The SEC emphasizes document requests crucial for determining sanctions, focusing on potential non-compliant sales practices by Ripple's ODL clients. Seeking an injunction, the SEC prioritizes future compliance over past actions. Ripple's response and potential adjustments could sway XRP's market behavior, currently valued at $0.51231, as legal debates estimate fines ranging from $200 million to $3 billion for alleged securities violations through institutional XRP sales.
