Legal expert: The lawsuit against Ripple is still not completed, there is still the risk of further litigation

According to foreign media today, the lawsuit against Ripple is about to enter the next stage. On Monday, the plaintiff, Barry Sostack, must respond to Ripple's motion to revoke his claim against the company. It is reported that the motion (proposed by Ripple) largely avoided the plaintiff's argument that Ripple sold XRP as unregistered securities, but objected to the case on the basis of procedural and evidentiary reasons. Legal experts say that although Ripple has made a strong defense, the case may still be unfinished and the company will still face the risk of further litigation.