As Ripple awaits the final conclusion of its legal case with the SEC, commentators have shared their opinions. Lawyer Bill Morgan believes that Judge Analisa Torres' decision on the SEC's appeal request should be coming soon, and a delay could be a bad sign for the SEC. Morgan also clarified that the NYDFS delisting of XRP does not equal a ban and does not prevent approval for custody or sale. He believes that Ripple is winning the regulatory battles overall and globally, but the SEC's stance on XRP sales remains a problem.
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Ripple v. SEC update as of September 22, 2023
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