Ripple (XRP) vs SEC Case As of July 5, 2025
2025-07-05 13:22:33
Main Idea
Former SEC lawyer Marc Fagel clarified that Judge Analisa Torres has no further role in the Ripple vs SEC case, and the SEC's private meeting is unlikely to affect the case's outcome.
Key Points
1. Judge Analisa Torres has no further role in the Ripple vs SEC case, and her previous ruling against Ripple remains in effect.
2. The SEC's private meeting on July 3 is unlikely to impact the case, as it typically takes weeks for matters to get on the SEC agenda for a vote.
3. The appeal dismissal and settlement process may take weeks or longer, depending on the SEC's internal procedures, which are rarely immediate.
4. Fagel's analysis provides clarity on the case's likely progression, emphasizing that no further action is required from Judge Torres.
Description
Former SEC lawyer Marc Fagel has clarified that Judge Analisa Torres has no further role in the ongoing lawsuit between the Securities and Exchange Commission and Ripple. In a series of comments posted on X, Fagel addressed misconceptions within the XRP community about the current procedural status of the case and explained what remains to be decided. Fagel stated that Judge Torres’s earlier ruling against Ripple remains effective and does not require additional action from her once the parties ...
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