XRP Lawsuit Likely To Reach Supreme Court, Ex-SEC Crypto Chief

Summary

The XRP lawsuit between Ripple Labs and the SEC is likely to escalate to the US Supreme Court. Former SEC official Ladan Stewart anticipates this, citing a recent ruling in the Coinbase case. The discussion at Columbia Business School also highlighted ongoing disputes about the classification of digital assets under US law, with differing views on the SEC's approach and its practical implications. The uncertainty around regulatory clarity remains a central issue in the crypto industry. Ripple's CEO and Chief Legal Officer have expressed a strong commitment to contesting the SEC's position on XRP. XRP is currently trading at $0.49659.