The SEC believes that Ripple has not violated any rules, but it may still take similar action against it in the future

Ripple Labs and the Securities Exchange Commission (SEC) have made significant progress in their legal battle, with the SEC filing a final response in the remediation phase of the lawsuit. In its recent response to the remediation brief, the SEC challenged Ripple's claims that the blockchain startup did not act recklessly and that there should be no "widespread uncertainty" about XRP's legal status, despite courts previously rejecting this "fair notice" defense.
Although Ripple has not violated any rules since initiating the XRP lawsuit in 2020, the SEC maintains a position on whether Ripple may take similar action in the future. The SEC believes that Ripple's assurance to change its behavior following the lawsuit is not a reason to avoid an injunction. According to the SEC, Ripple's claim to follow legal guidance and restructure future XRP sales in accordance with the lawsuit order is misleading. The SEC believes Ripple misunderstood the order and failed to accept its impact on compliance.