Ah, the eternal optimists of the XRP community, always chasing the elusive dream of a swift resolution to the Ripple vs SEC lawsuit 🏃♂️. But, alas, the wheels of justice turn slowly, and even the most ardent supporters must learn to temper their enthusiasm with a healthy dose of patience ⏰.
Enter Marc Fagel, a former SEC lawyer with a penchant for clarity and a knack for deflating rumors 🎈. In a recent post on X, Fagel addressed the long-standing speculation about who’s holding up the case, firmly stating, “No one is holding up the case” 🙅♂️.
His words brought a wave of relief to the XRP faithful, who had grown weary of the judicial delay ⏱️. Fagel explained that what may appear as a delay is simply part of the standard legal process 📝. Once the SEC internally votes on a dismissal, it typically takes one to two months for a formal filing to be submitted 📊.
Then they resubmitted, and the court held they had failed to meet their burden, refusing to modify her order against Ripple. So there is nothing pending before the judge; it’s now in the hands of the parties to simply dismiss their appeals, which they will do shortly.
— Marc Fagel (@Marc_Fagel) July 13, 2025
Judge Torres, it seems, has nothing left to decide at this stage 🤔. Both parties, Ripple and the SEC, are in the process of finalizing the necessary steps 📝. While no official dismissal has been filed yet, Fagel emphasized that this is a procedural phase and the court is not actively involved until the final paperwork lands 📨.
The XRP Community: A Tale of Two Timelines 🕰️
A New Era for XRP? 🌟
A formal dismissal would clear the legal overhang and likely pave the way for spot XRP ETFs, institutional partnerships, and wider adoption 🚀. It also represents a broader shift in crypto regulation, signaling that litigation isn’t the norm and transparent rulemaking is 📜.
- Also Read:
- Ripple vs SEC: What’s Really Delaying the Case? Former SEC Lawyer Clears the Air
With XRP trading near $3 and volumes high, markets appear to be betting on a positive resolution 📈. Analysts point to mid-August as the likely timeframe for the SEC vote and case closure 📆. Until then, XRP remains in the spotlight, poised to make its next big move 🔜.
Meanwhile, an early resolution during the market peak can give XRP an upper edge to regain lost investor faith with wider adoption changes 🌈.
Stay Ahead of the Crypto Curve! 📊
Stay ahead with breaking news, expert analysis, and real-time updates on the latest trends in Bitcoin, altcoins, DeFi, NFTs, and more 📚.
FAQs 🤔
What is the expected timeline for the official closure of the XRP lawsuit?
Former SEC lawyer Marc Fagel indicates that once the SEC internally votes on a dismissal, it typically takes one to two months for the formal filing. Analysts are pointing to mid-August as a likely timeframe for the SEC vote and case closure 📆.
What are the potential benefits for XRP once the lawsuit officially concludes?
A formal dismissal is expected to clear regulatory uncertainty, potentially paving the way for spot XRP ETFs, new institutional partnerships, and wider adoption 🚀. This could significantly boost XRP’s price and solidify its position in the crypto market 📈.
How has the XRP community reacted to the ongoing procedural delays?
The XRP community has had a mixed reaction 🤯. While some welcome the clarity from experts like Marc Fagel and urge patience, others express frustration over the continued waiting 🤬. Some remain optimistic about an early resolution during the current market peak 🌟.
Read More
- SOL PREDICTION. SOL cryptocurrency
- ETH PREDICTION. ETH cryptocurrency
- USD TRY PREDICTION
- SHIB PREDICTION. SHIB cryptocurrency
- WLD PREDICTION. WLD cryptocurrency
- EUR AUD PREDICTION
- EUR CNY PREDICTION
- BTC PREDICTION. BTC cryptocurrency
- DOGE PREDICTION. DOGE cryptocurrency
- EUR USD PREDICTION
2025-07-14 14:41