Bill Morgan refuses the lawsuit filed

The Ripple vs SEC case continues with new twists and turns every day. Recently, Apex Crypto Consulting cryptography expert Jesse shared that the Ripple vs. SEC lawsuit could be more than just a legal battle.

Does Ripple have big plans?

According to him, Ripple is deeply connected to major players like Central Bank, and the IMF and its big goal could be replacing XRP with a system like Swift and converting XRP into a global reserve currency. He also noted that Ripple continues to rise without facing pushbacks and may be working with key financial forces behind the scenes.

Experts say the SEC litigation is a strategy to keep XRP prices low.

Bill Morgan rejects the “staged litigation” theory

However, legal expert Bill Morgan disagreed with the idea that the lawsuit was all part of a planned show. He said that despite the weaker recent joint moves for directive rulings and unnecessary delays in the lawsuit for about three months, he never supported the theory.

The delay has been frustrating and little progress has been made, but Morgan believes this is not part of the hidden agenda.

The comments also expressed similar views on the theory. X User said it is unrealistic to think that Ripple will voluntarily take part in lawsuits, spend hundreds of millions of people on legal defense, and endure years of uncertainty to plan behind the scenes.

They view delays and movements as standard legal hurdles and argue that such complex and expensive litigation is not carried out simply for public perception or manipulating XRP prices.

Also, speculation in the community has been growing after Ripple co-founder Arthur Britto made the unusual public just days before Ripple applied for the banking charter and Fed Master account. With both Ripple and the SEC moving to stop appealing, some believe that major behind the scenes may be ongoing.

Experts say the incident is not over yet

The Ripple vs. SEC lawsuit continues to speculate across the crypto community. There were rumours that the incident could ultimately end today. But legal experts cleared the air and said it was very unlikely. Neither side has officially withdrawn the appeal, and these decisions usually take weeks, or even months, to finalize.

This comes after Ripple CEO Brad Garlinghouse recently revealed that the company has dropped its lawsuit to officially close the chapter. Attorney Fred Rispoli noted that just a day after Judge Torres’ ruling, Ripple’s quick move suggests that the outcome is already planned and that it is likely to go smoothly in coordination with the SEC.