Recent discussions have intensified regarding the Ripple vs SEC case. Lawyer Marc Fagel suggests that the SEC may soon vote to officially withdraw its challenge against Ripple.
New Speculations on Ripple and SEC
Marc Fagel, a former SEC lawyer, suggests that the agency could soon vote to formally withdraw its challenge in the Ripple case. This process typically takes up to two months, but may move faster due to prior internal decisions related to settlement terms.
Ripple's Reaction to the Situation
Ripple CEO Brad Garlinghouse has publicly declared the company'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.
Possible Impacts on the Crypto Market
If the appeal is dropped, this could finally bring an end to the nearly four-year legal drama that has shaped much of the regulatory debate around crypto. Observers believe the legal clarity may boost investor confidence and pave the way for renewed momentum in XRP markets.
Thus, the Ripple vs SEC case may be nearing its final chapter, which would be a significant event for cryptocurrency regulation and market development.
