XRP Lawsuit to End in Two Months, Predicts Lawyer
The post XRP Lawsuit to End in Two Months, Predicts Lawyer appeared on BitcoinEthereumNews.com.
With the Ripple lawsuit nearing its climax, attention turns to whether the SEC will drop its appeal. Legal expert Marc Fagel shares his take on the potential timeline for the SEC’s withdrawal, fueling speculation about a possible XRP lawsuit settlement. When Will Ripple Vs SEC Case Finally End? In a recent X post, former SEC lawyer Marc Fagel has revealed the possible timeline for the SEC to dismiss their appeal in the ongoing Ripple lawsuit. According to Fagel, the process is likely to follow a standard procedure, with the SEC required to vote on the dismissal. Previously, as reported by CoinGape, Fagel posited that the SEC’s appeal dismissal could take several weeks and even more. Reiterating his position, Fagel asserted in his latest post that the SEC’s voting process on enforcement recommendations usually takes one to two months. However, given that the SEC has previously voted to dismiss the appeal in the context of a settlement agreement, an expedited timeline is possible, he added. Fagel’s post read, Typically takes 1-2 months for the SEC to vote on an enforcement recommendation. Could be quicker here since they’ve already voted to dismiss the appeal once before (in the context of the settlement agreement), so this is more perfunctory. Further, Fagel dismissed rumors about the potential impact of the July 10 SEC meeting on the Ripple lawsuit. A similar rumor emerged previously when the SEC scheduled a closed-door meeting on July 3, sparking speculation about dropping the appeal. Debunking these rumors, Fagel asserted that the closed-door meeting was just a routine weekly session. Echoing his sentiments, he stated that the July 10 meeting would also have no bearing on the XRP lawsuit. He cited, The SEC holds the same closed meeting nearly every Thursday. The agenda is confidential, and anyone claiming a specific…
Filed under: News - @ July 11, 2025 3:29 pm