A conclusion to the high-stakes legal clash between Ripple and the U.S. Securities and Exchange Commission (SEC) may be just weeks away, as signs point toward both sides potentially dropping their appeals.
Former SEC lawyer Marc Fagel suggests the agency could soon vote to formally withdraw its challenge in the Ripple case — a process that typically takes up to two months, though it might move faster due to prior internal decisions related to settlement terms.
Despite speculation swirling on social media, Fagel emphasized that scheduled SEC meetings are routine and not indicators of any imminent announcement tied to Ripple.
Meanwhile, Ripple CEO Brad Garlinghouse has publicly declared the firm’s intention to move on, describing the appeal withdrawal as a step toward closing the case for good. However, neither side has filed formal dismissal papers yet, according to Fagel, who cautions that procedural steps must still unfold before any final resolution is made public.
If the appeal is dropped as expected, the nearly four-year legal drama — which has shaped much of the regulatory debate around crypto — could finally come to an end. Observers believe the legal clarity may boost investor confidence and pave the way for renewed momentum in XRP markets.
Alexander Stefanov
Reporter at Coindoo
Alex is an experienced financial journalist and cryptocurrency enthusiast. With over 8 years of experience covering the crypto, blockchain, and fintech industries, he is well-versed in the complex and ever-evolving world of digital assets. His insightful and thought-provoking articles provide readers with a clear picture of the latest developments and trends in the market. His approach allows him to break down complex ideas into accessible and in-depth content. Follow his publications to stay up to date with the most important trends and topics.