The SEC and Ripple case, ongoing for several years, continues to draw attention. Recently, the parties reached an agreement, but the official proceedings are still in progress.
Current Status of the Case
The SEC vs Ripple case continues to evolve, despite the agreement reached. The parties are awaiting a ruling from Judge Analisa Torres, which could significantly impact the outcome.
Request to Stay Appeals
The SEC and Ripple have requested the district court to stay the appeals process, citing the agreement. According to attorney James K. Filan, the parties are requesting that the stays on the appeals continue and that the SEC submit a status report by August 15, 2025.
Expectations and Possible Consequences
Judge Torres is expected to issue a ruling on the agreement within days. Experts suggest that her decision could lead to a rise in XRP's price and accelerate the approval of the pending XRP ETF.
The SEC and Ripple case remains in the spotlight, and its next steps may have serious implications for the cryptocurrency market.
