The legal battle between Ripple and the U.S. Securities and Exchange Commission (SEC) continues to raise questions in the XRP community. Recent clarifications by former SEC lawyer Marc Fagel shed light on the current status of the case.
Judge Torres' Role Concluded
Judge Analisa Torres is officially out of the Ripple case. According to Marc Fagel, her previous ruling against Ripple will go into effect once both parties formally dismiss their appeals. Thus, the legal status of the case remains in limbo.
Awaiting Appeal Dismissal
Despite declarations from Ripple CEO Brad Garlinghouse about plans to withdraw the appeal, Fagel noted that neither Ripple nor the SEC has filed any court notice of dismissal. As a result, the case continues to remain uncertain until necessary documents are submitted.
Impact of SEC Closed-Door Meeting
There are rumors that the closed SEC meeting held on July 3 could be related to a possible settlement in the Ripple case. However, Fagel pointed out that such gatherings are planned in advance and are not a result of urgent legal decisions. In his view, even if a decision has been made, it may take weeks before it is reflected in the court docket.
As of July 6, 2025, the Ripple vs SEC lawsuit remains in a transitional stage, with the future of the proceedings dependent on official actions regarding appeal dismissals. The XRP community continues to await a resolution, but as Fagel asserts, further steps may take more time.
