Ripple’s CLO Breaks Silence on Judge Torres’ Ruling

Ripple’s Chief Legal Officer, Stuart Alderoty, has responded to the company’s latest legal setback by stating that the “ball is back in Ripple’s court.” The statement follows a federal judge’s rejection of a joint motion filed by Ripple and the U.S. Securities and Exchange Commission (SEC) requesting an indicative ruling.

Alderoty emphasized that Ripple must now decide between two legal options: either continuing with the appeal or choosing to dismiss it altogether. This critical decision follows Judge Analisa Torres’ ruling, which found that Ripple’s misconduct remains severe and ongoing.

With this, the ball is back in our court. The Court gave us two options: dismiss our appeal challenging the finding on historic institutional sales—or press forward with the appeal. Stay tuned. Either way, XRP’s legal status as not a security remains unchanged. In the meantime,… https://t.co/edHNbMzYbZ
— Stuart Alderoty (@s_alderoty) June 26, 2025

Court Rejects Claims of Changed Circumstances

In her ruling, Judge Torres noted that Ripple and the SEC had failed to demonstrate any significant change in facts, legal standards, or public interest that would justify amending the earlier judgment. Ripple had argued that the SEC’s recent softening of its crypto enforcement actions warranted an adjustment to the ruling handed down last August.

However, the judge disagreed, noting that other industry participants referenced by Ripple had not faced injunctions or penalties. She further added that if both parties genuinely wanted to end the litigation, they had the option to withdraw their appeals entirely.

Ripple Maintains XRP’s Legal Status

Despite the legal blow, Alderoty assured the public that XRP’s legal classification remains unaffected by the latest development. Nevertheless, XRP has reacted negatively in the market. According to CoinMarketCap, the token has dropped over 3% in the past 24 hours, making it the worst-performing cryptocurrency among the top ten by market capitalisation.

Now that the court has clearly stated its position, Ripple must decide its next legal move. The crypto community remains on edge as it watches how the company plans to navigate yet another chapter in its long-running battle with the SEC.

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