Altcoins News
By Julie Binoche
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SEC’s XRP Lawsuit Appeal May End Soon. The lawsuit, which began in late 2020, has kept Ripple and the XRP token under intense regulatory…
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Misinterpreted SEC Meetings. Fagel also addressed circulating rumors suggesting that recent SEC closed-door meetings could…
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Ripple CEO's Comments Add to Speculation. Earlier this summer, Ripple CEO Brad Garlinghouse appeared to signal an end to the legal battle…
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What Comes Next for XRP?. With both sides expected to drop their appeals, XRP could soon emerge from regulatory limbo,…
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Final Thoughts. The XRP lawsuit may finally be drawing to a close, with experts like Marc Fagel suggesting that…
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As the high-stakes legal dispute between Ripple and the U.S. Securities and Exchange Commission (SEC) approaches a potential conclusion, legal experts are offering fresh insights…
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In a recent post on X (formerly Twitter), Fagel stated that the SEC's internal process for approving enforcement actions typically takes one to two months.
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“Typically takes 1–2 months for the SEC to vote on an enforcement recommendation,” Fagel said.
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“The agenda is confidential,” he explained, “and anyone claiming a specific case is on the agenda is just making it up. Is it conceivable? Yes, but highly unlikely.”
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Rumors were reignited by the July 10 closed-door SEC meeting, just like they were during a similar session on July 3.
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Earlier this summer, Ripple CEO Brad Garlinghouse appeared to signal an end to the legal battle when he said that the company was withdrawing its counter-appeal.
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“We’re closing this chapter once and for all and focusing on what’s most important – building the Internet of Value,” Garlinghouse posted.
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However, Fagel was quick to clarify that no formal dismissal had been filed by either party.
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This distinction is important. While Ripple’s intentions appear clear, procedural requirements must be followed before the court recognizes the end of the case.
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With both sides expected to drop their appeals, XRP could soon emerge from regulatory limbo, allowing investors and institutions to fully engage with the asset without legal…
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