coinpedia
2025-07-28 03:04:33

Ripple vs SEC: Here’s Why the Court Isn’t Done With XRP Yet

The post Ripple vs SEC: Here’s Why the Court Isn’t Done With XRP Yet appeared first on Coinpedia Fintech News Another week, another set of rumors surrounding the long-running legal battle between Ripple and the US Securities and Exchange Commission (SEC). This time, social media buzzed with claims that the SEC had held its fourth secret, closed-door meeting to discuss Ripple’s appeal. The post further said that this delay could affect the chances of an XRP spot ETF approval. Others say that if the SEC drops the appeal, XRP might see a major breakout. SEC just holds their fourth closed-door meeting on Ripple’s appeal. A delay could hold up XRP spot ETF approvals—but if they drop the appeal, the next breakout could be explosive. #LegalWatch #XRP #ETFCountdown — Crypto Crows (@CryptoCrows) July 27, 2025 Former SEC lawyer Marc Fagel stepped in to set the record straight. Responding to the viral claim, Fagel clarified that no such fourth closed-door meeting on the Ripple appeal had taken place. According to him, the case is currently in the hands of the Court of Appeals, not the SEC commissioners. Earlier, the SEC had requested Judge Analisa Torres to reconsider her decision in the case, but she declined. So, what’s causing the delay? Fagel explained that both Ripple and the SEC have appealed different parts of the ruling. The SEC appealed the part they lost, and Ripple cross-appealed the portion they disagreed with. In order for Judge Torres’s ruling to take full effect, both parties must dismiss their respective appeals. While Ripple may be ready, the SEC has to go through an internal approval process before it can officially withdraw. What’s Taking So Long? This is not unusual. According to Fagel, the SEC follows this review process in every case that reaches court. For investigations that don’t go to court, the process is faster because staff can close them without getting approval from the SEC commissioners. For Ripple and XRP holders, this waiting period may be frustrating. While the delay could affect ETF progress, it is simply a part of the legal process. If both sides decide to withdraw their appeals soon, the judge’s ruling will become final. That could finally bring some clarity to the case and open the door for future developments in XRP’s journey.

Get Crypto Newsletter
Read the Disclaimer : All content provided herein our website, hyperlinked sites, associated applications, forums, blogs, social media accounts and other platforms (“Site”) is for your general information only, procured from third party sources. We make no warranties of any kind in relation to our content, including but not limited to accuracy and updatedness. No part of the content that we provide constitutes financial advice, legal advice or any other form of advice meant for your specific reliance for any purpose. Any use or reliance on our content is solely at your own risk and discretion. You should conduct your own research, review, analyse and verify our content before relying on them. Trading is a highly risky activity that can lead to major losses, please therefore consult your financial advisor before making any decision. No content on our Site is meant to be a solicitation or offer.