The ongoing legal battle between Ripple and the SEC, dating back to December 2020, centers on allegations of unregistered securities offerings involving XRP (CRYPTO:XRP).

Recently, the SEC proposed a $102.6 million penalty, a significant reduction from its initial $2 billion claim.

Ripple has cited a recent court ruling in its favor regarding Binance’s BNB (CRYPTO:BNB) token as supportive evidence against harsh penalties.

Despite this, the SEC maintains that the cases are unrelated and defends its stance vigorously.

Legal experts anticipate a resolution by the end of July, potentially resulting in a $25 million penalty for Ripple, though appeals could prolong the process.

The outcome is poised to impact XRP’s market volatility significantly, as previous legal developments have influenced its valuation.