Ripple vs SEC Update: Closure Could Take 2 Months Despite Appeal Withdrawal
The post Ripple vs SEC Update: Closure Could Take 2 Months Despite Appeal Withdrawal appeared on BitcoinEthereumNews.com. The post Ripple vs SEC Update: Closure Could Take 2 Months Despite Appeal Withdrawal appeared first on Coinpedia Fintech News XRP holders are growing increasingly frustrated and confused over the U.S. Securities and Exchange Commission’s (SEC) silence on the Ripple case. After years of litigation, many believed the legal battle was finally coming to an end. But now, uncertainty has returned as the SEC has yet to officially close the case. XRP Community Wants Clarity The source of frustration is clear: Ripple had publicly announced it was withdrawing its appeal, and many in the XRP community assumed the SEC would do the same. Social media platforms like X (formerly Twitter) have been buzzing with posts from confused XRP supporters asking the same question: “Why hasn’t the SEC announced that the case is over?” Sure. Once the SEC enforcement staff decided to drop its appeal, presumably in the days after the court’s 6/26 order declining to modify its remedies, it sent a recommendation to the commissioners for approval. This is a standard process that can take 1-2 months. — Marc Fagel (@Marc_Fagel) July 21, 2025 XRP holders were hopeful that, with both Ripple and the SEC seemingly agreeing to drop the remaining appeal, the long legal saga was finally behind them. They now feel that Ripple and the community deserve closure and transparency after years of uncertainty that have weighed heavily on the price and reputation of XRP. SEC Process Explained: Not That Simple Former SEC attorney Marc Fagel stepped in to clarify the situation, explaining that while the SEC’s staff may have decided to drop the appeal after the court’s June 26 order (which denied modifying the remedies), there’s still a formal approval process that needs to be completed. Here’s how it works: once the enforcement staff at the SEC…
The post Ripple vs SEC Update: Closure Could Take 2 Months Despite Appeal Withdrawal appeared on BitcoinEthereumNews.com.
The post Ripple vs SEC Update: Closure Could Take 2 Months Despite Appeal Withdrawal appeared first on Coinpedia Fintech News XRP holders are growing increasingly frustrated and confused over the U.S. Securities and Exchange Commission’s (SEC) silence on the Ripple case. After years of litigation, many believed the legal battle was finally coming to an end. But now, uncertainty has returned as the SEC has yet to officially close the case. XRP Community Wants Clarity The source of frustration is clear: Ripple had publicly announced it was withdrawing its appeal, and many in the XRP community assumed the SEC would do the same. Social media platforms like X (formerly Twitter) have been buzzing with posts from confused XRP supporters asking the same question: “Why hasn’t the SEC announced that the case is over?” Sure. Once the SEC enforcement staff decided to drop its appeal, presumably in the days after the court’s 6/26 order declining to modify its remedies, it sent a recommendation to the commissioners for approval. This is a standard process that can take 1-2 months. — Marc Fagel (@Marc_Fagel) July 21, 2025 XRP holders were hopeful that, with both Ripple and the SEC seemingly agreeing to drop the remaining appeal, the long legal saga was finally behind them. They now feel that Ripple and the community deserve closure and transparency after years of uncertainty that have weighed heavily on the price and reputation of XRP. SEC Process Explained: Not That Simple Former SEC attorney Marc Fagel stepped in to clarify the situation, explaining that while the SEC’s staff may have decided to drop the appeal after the court’s June 26 order (which denied modifying the remedies), there’s still a formal approval process that needs to be completed. Here’s how it works: once the enforcement staff at the SEC…
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