The ongoing legal battle between Ripple and the US Securities and Exchange Commission (SEC) has taken a new turn, with the SEC accusing Ripple of engaging in On-Demand Liquidity (ODL) sales practices similar to those that led to past violations. This intensifies the debate over Ripple's ODL sales and raises concerns about the company's business practices.

The SEC claims that Ripple's current ODL sales mirror the conduct that resulted in previous violations, which complicates the legal landscape for Ripple's ODL service. Pro-XRP lawyer Bill Morgan revealed that the SEC accuses Ripple of engaging in ODL sales practices behavior "awfully similar" to the conduct that previously resulted in violations. This raises questions about the legal grounds for the judge to decide if Ripple's current ODL sales break any rules.

The court lacks sufficient evidence to decide if Ripple's current ODL sales are in violation of regulations. The SEC might appeal the summary judgment made in July, which could further complicate the situation. Despite past regulatory actions, the SEC suggests that Ripple's current operations continue to raise red flags. Morgan emphasized that while there is a warning from the SEC, the judge overseeing the case might face limitations.

The SEC is seeking $2 billion in fines and penalties, while Ripple argues the penalty should be no more than $10 million. Pro-XRP lawyer Fred Rispoli predicts that Judge Torres will rule on remedies by the end of July or early August. Despite talk of a settlement, Rispoli thinks the chances are currently 0%. However, the SEC and Ripple could still settle some issues that the judges need to address in their ruling.

The ongoing legal uncertainty has significantly affected XRP's market performance. As of now, XRP is trading with bearish sentiment, down 0.43% to $0.48. Despite these fluctuations, the XRP trading volume has seen a surge of 8% and hovering at $1.1 billion, with a market cap of $26.5 billion.