The post Ripple and SEC May Dismiss Appeals Before August 15, Says Lawyer appeared on BitcoinEthereumNews.com.

As the August 15 status report deadline approaches, former SEC lawyer Marc Fagel remains optimistic about a positive development in the XRP lawsuit. Fagel believes that both Ripple and the SEC will likely drop their appeals before the deadline. XRP Lawsuit August 15 Deadline: A Potential Development Ahead? The XRP community is abuzz with speculation about a potential development in the XRP lawsuit as the August 15 status report deadline looms. Though there is no official confirmation about Ripple and the SEC’s next move, Marc Fagel says that both parties may file to dismiss their appeals before August 15. His X post read, I believe that’s the date for the parties to report on the status of their appeals. It doesn’t mean it’s a hard deadline by which they must file their dismissal papers, but I assume they will try to do so before then. Previously, when anticipation of a potential settlement on August 15 ran high, Marc Fagel clarified the significance of the date. He explained that August 15 marks the deadline for both parties to submit a status report, with no direct connection to the case’s outcome. Fagel reinforced this point in a recent post, stating that while both parties may file for dismissal of their appeals before August 15, this doesn’t imply a settlement will be reached by then. Procedural Steps Underway Following Judge Analisa Torres’ denial of the joint motion for an indicative ruling, the XRP community has been eagerly awaiting Ripple and the SEC’s next moves in the lawsuit. CEO Brad Garlinghouse’s announcement about dismissing Ripple’s appeal sparked optimism about a potential resolution. However, Marc Fagel downplayed these expectations, noting that neither party has officially filed dismissal papers. He added that it would take up to two months for the appeals to be dropped. Marc…

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Filed under: News - @ July 29, 2025 6:27 am