Ripple (XRP) vs SEC Case Update As of August 4, 2025
Main Idea
The article provides an update on the Ripple (XRP) vs SEC case as of August 4, 2025, focusing on legal procedures, the role of key figures, and the status of Ripple's countersuit.
Key Points
1. A social media exchange between an XRP supporter and former SEC attorney Marc Fagel addressed concerns about Ripple's countersuit and the involvement of SEC Commissioner Hester Peirce and Paul Atkins.
2. Marc Fagel clarified that Ripple has not dropped its cross-appeal and that the SEC's dismissal timeline follows standard internal procedures, which may take several months.
3. Judge Analisa Torres, who ruled in 2023 that XRP was not a security when sold programmatically, is no longer involved in the case.
4. As of August 4, 2025, Ripple's countersuit remains active, and the case's resolution depends on appellate and administrative steps.
5. Fagel's comments emphasized that the process is governed by legal requirements, not deliberate delays, and dismissed speculation about political or economic influences on the case.
Description
A recent exchange on social media between a prominent XRP supporter and former U.S. Securities and Exchange Commission (SEC) attorney Marc Fagel has drawn renewed attention to the status of the long-running case between the SEC and Ripple. The discussion focused on the progress of the litigation, particularly regarding Ripple’s countersuit, the role of SEC Commissioner Hester Peirce and Paul Atkins in the resolution process, and whether Judge Analisa Torres retains any influence in the proceedin...
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