The long-standing case between Ripple and the U.S. Securities and Exchange Commission (SEC) continues to attract attention in the crypto community. Recent comments from former SEC official Marc Fagel indicate possible delays.
Need for New SEC Vote
According to Fagel, another vote from the SEC Commission may be necessary before a final decision on the XRP case. This information was shared by @Steph_iscrypto, raising concerns among investors eager for resolution.
The Importance of Injunctive Relief
The main issue revolves around the need for changes to the injunctive order restricting Ripple's actions. Although the parties reached a settlement in June 2025, Judge Analisa Torres rejected their joint proposal, allowing for the appeal to continue. According to SEC rules, any significant changes must be approved by the Commission, indicating the necessity for a new vote, especially regarding modifications to the injunction.
Expectations from the XRP Community
The XRP community, facing nearly five years of legal uncertainty, remains on edge waiting for news about a new vote. Without this procedural step, the case will stay open, and investors are left anxiously anticipating the SEC's decision.
The Ripple case remains at the forefront amid ongoing procedural delays. The SEC's next steps and results of a new vote are pivotal for the resolution of this long-awaited matter.
