News View Non-AMP

Fact Check: Will Ripple Vs SEC End on Thursday?

Published by
Anjali Belgaumkar

The long-running legal battle between Ripple and the U.S. Securities and Exchange Commission (SEC) might finally be nearing its conclusion — but is it really wrapping up this Thursday? Let’s break down the facts behind the speculation and what’s actually happening.

The Viral Tweet — Outdated and Misleading

A tweet from Eleanor Terrett has been making the rounds again, suggesting that the SEC would likely address the Ripple case dismissal at a closed-door meeting scheduled for a Thursday. However, what many people may not realize is that tweet is from March. The date isn’t new, and it was relevant to the SEC’s internal scheduling at that time.

What’s Actually Happening with the Ripple vs SEC Case?

To recap, Ripple and the SEC reached a partial resolution some time ago, with Ripple agreeing to a civil penalty for earlier institutional sales of XRP, while the court ruled that XRP is not a security on secondary markets. However, the final paperwork, formal withdrawal, and an official SEC statement remain pending.

Stuart Alderoty, Ripple’s Chief Legal Officer, recently reiterated that the case is effectively over, pending final formalities. But there’s still no official sign-off from the SEC Commission.

Why This Matters for XRP and Crypto Markets

Many analysts believe that once the final paperwork drops and legal clarity is fully established for Ripple, it could bring new institutional adoption opportunities and potentially fuel XRP’s price rally. Some even speculate that XRP ETFs could be on the horizon.

But until the SEC officially publishes the dismissal, it’s premature to declare victory.

Verdict: False Alarm for Now

The claim that Ripple vs SEC will end this Thursday is based on an old tweet and ongoing speculation. As of now, there’s no confirmed date for the final case dismissal announcement.

Anjali Belgaumkar

Writer by choice, CryptoCurrency Writer, and Researcher by chance. Currently, focusing on financial news and analysis, as well as cryptocurrency news and data. One may not call me a crypto “Enthusiast” but trust me I'm getting there.

Recent Posts

Pi Coin News: Banxa Opens Doors to Pi Network in 100 Plus Countries with KYB Approval

A few days ago, Banxa temporarily suspended Pi transactions, likely due to pending KYB (Know…

May 4, 2025

XRP Price Prediction For May 2025

XRP is currently trading in a tight range and continues to struggle to break above…

May 4, 2025

XRP Rich List: How Much XRP Puts You in the Top 10%

XRP is one of the most talked-about cryptocurrencies, but few people understand how small its…

May 4, 2025

Dogecoin To The Moon? Price Eyes $0.27

After months of sluggish price action and sideways consolidation, Dogecoin (DOGE) may finally be on…

May 4, 2025

Altcoin Rebound Incoming? 5 Top Picks Including Codename: Pepe and XRP for 1,000x Potential

Excitement brews in the crypto realm as speculation grows about a potential altcoin resurgence. Analysts…

May 3, 2025

Bitcoin (BTC) and Ethereum’s (ETH) Next Jump Could Drive a Strong Rally for This Altcoin Below $0.30

Bitcoin remains strong in the market and institutional interest as Ethereum keeps rising which strengthens…

May 3, 2025