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Ripple’s international XRP and On-Demand Liquidity (ODL) sales remain unaffected by the recent court ruling. Judge Analisa Torres rejected the SEC’s proposed rules for regulating ODL sales. Following this favorable decision, XRP’s price surged 27% to $0.63.Ripple’s ongoing legal battle with the SEC has created significant buzz in the crypto industry. Many investors and analysts are concerned about how these rulings will impact Ripple’s core operations. However, <a href="https://cryptosheadlines.com/ripples-victory-challenged-by-legal-expert/" rel="noopener noreferrer nofollow">legal expert Jeremy Hogan suggests that Ripple’s</a> business operations may continue largely unaffected. Let’s delve into the details of this situation.<img src="https://academy-public.coinmarketcap.com/optimized-uploads/490a8a3573074e68983c2264aadcaf1c.png" /><h3 id="ripple-s-global-sales-remain-unaffected-by-court-ruling">Ripple’s Global Sales Remain Unaffected by Court Ruling</h3>In a recent tweet, <a href="https://cryptosheadlines.com/xrp-update-11-may-24-ripples-legal-issues-impact-xrp-with-sec-attention/" rel="noopener noreferrer nofollow">legal expert Jeremy Hogan emphasized that most of Ripple’s XRP</a> and On-Demand Liquidity (ODL) sales occur outside of U.S. jurisdiction. Consequently, these transactions remain unaffected by the court’s ruling, allowing Ripple to maintain its international operations without interruption.Hogan also noted that Ripple can continue selling XRP to U.S. institutions under specific registration exemptions. These exemptions enable Ripple to meet regulatory requirements while conducting business with U.S. companies.<img src="https://academy-public.coinmarketcap.com/optimized-uploads/34e7378fa64e4402bb88476dfbe19310.png" /><h3 id="judge-s-ruling-and-ripple-s-preparedness-for-odl-sales">Judge’s Ruling and Ripple’s Preparedness for ODL Sales</h3><a href="https://cryptosheadlines.com/judge-torres-approves-secs-appeal-ripple-faces-new-hurdle/" rel="noopener noreferrer nofollow">Judge Analisa Torres’s recent decision did not grant the SEC</a> the specific language it sought regarding On-Demand Liquidity (ODL) sales. If the SEC believes Ripple has violated the order, it would need to provide evidence in a contempt hearing.Jeremy Hogan believes Ripple could argue that if XRP is held briefly, there is no expectation of profit, which could serve as a strong defense. Ripple’s legal team has had time to adjust its sales practices following the summary judgment. Hogan suggests that any potential compliance issues would likely arise only if the SEC files a contempt motion, which Ripple is prepared to address.<a href="https://cryptosheadlines.com/bonks-rebound-potential-amid-rising-volatility/" rel="noopener noreferrer nofollow">Also Read: Bonk’s Rebound Potential Amid Rising Volatility</a>Despite these challenges, Hogan’s analysis indicates that Ripple is well-positioned to continue its ODL sales with minimal disruption.<img src="https://academy-public.coinmarketcap.com/optimized-uploads/490a8a3573074e68983c2264aadcaf1c.png" /><h3 id="ripple-s-court-victory-and-impact-on-xrp-price">Ripple’s Court Victory and Impact on XRP Price</h3>Ripple recently achieved a major court victory when XRP was ruled not to be a security, a significant win for the company. Despite this, Ripple still faces a $125 million civil penalty, though this is a substantial reduction from the $2 billion originally sought by the SEC. Judge Torres determined that while some of Ripple’s XRP sales were unregistered securities offerings, XRP itself is not classified as a security.In response to this favorable ruling, XRP’s price surged by approximately 27%, reaching $0.63. This price jump reflects a positive market reaction to the court’s decision.<img src="https://academy-public.coinmarketcap.com/optimized-uploads/4e132dec0f1f42c28dfdb757ddde19e0.png" />Important: Please note that this article is only meant to provide information and should not be taken as legal, tax, investment, financial, or any other type of advice.Join Cryptos Headlines <a href="https://linktr.ee/cryptosheadlines.com" rel="noopener noreferrer nofollow">Community</a>Follow Cryptos Headlines on <a href="https://news.google.com/publications/CAAqBwgKMLz3-wowvuzoAg" rel="noopener noreferrer nofollow">Google News</a>Join our official TG Channel: <a href="https://t.me/CryptosHeadlines" rel="noopener noreferrer nofollow">https://t.me/CryptosHeadlines</a>

Ripple’s Court Win Shields XRP Sales Amid $125M Fine

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