The post Will XRP Lawsuit Settle By August 15? Lawyer Explains appeared on BitcoinEthereumNews.com.

The Ripple vs SEC case, a high-profile lawsuit that has been dragging on for years, is nearing its conclusion, with many speculating a decision by August 15. As the status report deadline approaches, the XRP community holds its breath, speculating about a potential settlement. However, Marc Fagel, a seasoned securities lawyer and former SEC attorney, offered a reality check, sharing insights into the SEC’s inner workings. Ripple vs SEC Case August 15 Deadline, Is Settlement Possible? The XRP community is eagerly anticipating another major development within the Ripple vs SEC case as the status report deadline looms. According to previous reports, both parties are required to submit the status report on August 15. As the date approaches, the community remains optimistic about a potential XRP lawsuit settlement. According to an X user, a settlement on or before the August 15 status report deadline is highly possible, with a predicted probability of 70-90%. He believes that the settlement would likely involve a $50 million penalty and no injunction. However, former SEC lawyer Marc Fagel contradicted the X user’s prediction, explaining the reality behind the XRP lawsuit. He posited that the possibility of a $50 million penalty and no injunction is nonexistent, as the court has already made a ruling on this matter. His X post read, “The odds of a $50m penalty and no injunction are 0%. The court has already resolved that. Sorry.” In a pivotal ruling, Judge Torres rejected the motion for an indicative ruling, potentially bringing the lawsuit to a close. This leaves no other options, with the $125 million penalty and injunction remaining in place. Significantly, lawyer Fagel’s statement appears particularly relevant in light of this development. In a previous post, as CoinGape reported, Fagel revealed that Ripple had already paid the $125 million penalty in cash.…

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Filed under: News - @ July 23, 2025 2:27 pm