It has been suggested by Bill Morgan, an XRP enthusiast, that there might be an interesting outcome to the current Ripple lawsuit with the Securities and Exchange Commission (SEC). According to one of the SEC's experts, from mid-2018 onward, the price movements of Bitcoin and Ethereum could explain as much as 90% of XRP's price movement. This implies that Ripple is allowing XRP's price to be controlled by crypto market movements, and not its own actions. If this is the case, and the judge in the Ripple case were to 'split the baby', then it is possible that the sales of XRP since mid-2018 would not be considered securities.

Jeremy Hogan, another attorney, further suggested that should this be ruled in court, then Ripple would only have to pay an "affordable" fine, while being allowed to continue its business operations as usual. He also highlighted the fact that should this be the case, Coinbase might relist XRP and bringing it back to its platform.

This could suggest a significant change in the regulatory landscape around digital assets. For many investors, the outcome of this case will be the deciding factor on whether they would choose to enter the XRP market. If the lawsuit is ruled in Ripple's favor and brings legal clarity over the token, then XRP may become one of the most significant cryptos available. A court ruling in Ripple's favor could help provide some long-awaited regulatory clarity to the industry as well.



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