Ripple vs. SEC: Appeal Still Pending as Market Awaits SEC Vote
2025-07-19 12:18:49
Main Idea
The Ripple vs. SEC case remains unresolved, with speculation around the SEC's closed-door meetings, but no official action has been taken yet. Legal experts suggest the delay is procedural, not indicative of disagreement.
Key Points
1. Ripple announced on June 27 that it would drop its cross-appeal, but the SEC has not officially responded or dropped its appeal.
2. The SEC's July 17 closed-door meeting, which included 'litigation' on the agenda, sparked speculation but resulted in no announcement regarding Ripple.
3. Legal expert Marc Fagel stated that the SEC's closed meetings are routine and agendas do not reveal specific discussions, dismissing assumptions about Ripple's inclusion.
4. Fagel emphasized that the delay in the SEC dropping its appeal is procedural, typically taking 1-2 months, and not due to internal disagreement.
5. The next SEC closed meeting is scheduled for July 24, four weeks after Judge Torres' ruling, with experts expecting the SEC to drop its appeal, which could accelerate XRP-spot ETF approvals.
Description
The post Ripple vs. SEC: Appeal Still Pending as Market Awaits SEC Vote appeared first on Coinpedia Fintech News The Ripple vs. SEC case is still not fully resolved. Although Ripple announced on June 27 that it would drop its cross-appeal, the SEC has yet to officially withdraw its own appeal, keeping the case open and investors waiting. SEC Meeting Sparks Speculation, but No Action Many in the crypto community expected the SEC to vote on dropping its appeal during the recent closed-door meeting...
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