The recent ruling by Judge Analisa Torres classifying XRP as a digital asset has left the U.S. Securities and Exchange Commission (SEC) with critical decisions to make regarding the Ripple case. The SEC now has four potential options to choose from. The most probable option is for the SEC to file a provisional appeal, seeking permission to appeal the decision before the case concludes. Another option is to continue the aid and abetting suit against Ripple CEO and co-founder. Alternatively, the SEC could drop the claim against the co-founders and proceed with an immediate appeal. A settlement also remains a possibility, but it is considered unlikely. The SEC’s response in the upcoming weeks will significantly impact the outcome of the case and could have broader implications for the regulation of digital assets in the United States. However, the direction of the case and the SEC’s decision are still uncertain.
AI Sentiment: Neutral
