- Ripple’s push to dissolve an existing injunction is the main reason for delays in resolving the SEC lawsuit.
- The SEC is reportedly cooperating with Ripple’s request rather than obstructing the legal process, according to Bill Morgan.
- Settlement could have occurred months ago if Ripple had not insisted on lifting the court-imposed injunction.
A renewed spotlight has turned to the ongoing legal confrontation between the U.S. Securities and Exchange Commission (SEC) and Ripple Labs, with differing views surfacing regarding the source of the delay. Social media commentary has intensified in recent days, particularly following posts by accounts such as AltcoinBale and crypto lawyer Bill Morgan.
The central issue now appears to focus not on penalties or fines, but on Ripple’s attempt to dissolve an existing injunction—a move that has reportedly become a roadblock to settlement progress.
According to legal commentator Bill Morgan, it is not the SEC that is obstructing the timeline. Instead, Ripple’s legal team is actively pursuing the dissolution of the injunction, a step that has extended the legal process. This contradicts claims from some online voices suggesting that the SEC is intentionally stalling proceedings to exert pressure on the market or community.
Ripple Pushes to Lift Injunction as Central Dispute
Ripple’s aim to eliminate the injunction has become the primary legal hurdle remaining in the case. SEC, rather than delaying matters, has reportedly taken cooperative steps to support Ripple in achieving that outcome. These claims directly counter accusations by some influencers suggesting the SEC has manipulated the pace of proceedings.
Importantly, he emphasized that both sides could have settled months ago if Ripple had not pursued the injunction dissolution. The matter remains procedural, yet it carries significant implications for both parties in terms of operational scope and future regulatory enforcement.
This context reshapes the timeline of the lawsuit. The debate has now shifted away from initial charges and moved toward the finer aspects of court-imposed restrictions. As the case enters its final procedural stages, Ripple’s strategy seems geared toward clearing regulatory constraints that may limit future activity.
Legal Dynamics Focus on Court Restrictions
Ripple is pushing to lift an SEC-imposed injunction that has become a key barrier to reaching a broader settlement. The restriction, part of earlier rulings, limits certain Ripple activities involving XRP. While public speculation continues around the SEC’s motives, recent developments suggest the regulator has moved from confrontation to a more cooperative stance. Still, Ripple’s effort to eliminate all remaining legal constraints has led to the current impasse.
Online Debate Sparks Misinterpretation of Legal Delays
The exchange between the two analysts reflects growing confusion in online narratives regarding the cause of procedural delays. Morgan’s response clarified that the SEC is not actively obstructing progress but rather engaging constructively. This contradicts accusations that the agency is leveraging the delay to discourage investors or manipulate sentiment.
As court proceedings advance, the ongoing disagreement over the injunction remains the last major issue to resolve. While some public interpretations differ, the legal facts point to Ripple’s pursuit of regulatory clearance as the remaining hurdle.