$XRP ### Latest News About XRP and the SEC Lawsuit
1. **Judge Torres' Final Ruling Expected**: Both the SEC and Ripple are anticipated to appeal the decisions they lost in the XRP lawsuit. Judge Torres' final ruling is likely to be issued this year, potentially in September.
2. **Possibility of Settlement**: A settlement could occur at any point, even during the appellate court filings.
3. **SEC's Final Response Filed**: The SEC has submitted its final reply in the remedies stage of the lawsuit, contesting Ripple's claim that it acted without recklessness and asserting that there is no widespread uncertainty about XRP's legal status.
4. **Ripple’s Chief Legal Officer's Comments**: Stuart Alderoty, Ripple’s chief legal officer, remarked on the SEC's declining reputation. He noted that international financial regulators with advanced crypto licensing frameworks might be surprised by the SEC's approach, likening it to issuing fishing licenses.
