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- Anjali Belgaumkar
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.
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Qadir Ak is the founder of Coinpedia. He has over a decade of experience writing about technology and has been covering the blockchain and cryptocurrency space since 2010. He has also interviewed a few prominent experts within the cryptocurrency space.
- Jul 29, 2025 04:13 UTC
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Ripple vs SEC: Could the XRP Lawsuit End Before August 15?
Ripple vs. SEC Case Could End Soon: August 15 is a key reporting date, not a deadline—parties may dismiss appeals before then.
Former SEC Lawyer Clarifies August 15 Confusion: Marc Fagel confirms it's a status update, not the final ruling or settlement date.
The legal battle between Ripple Labs and the U.S. Securities and Exchange Commission (SEC) has been ongoing since 2020, and investors are eagerly watching for signs of closure. One date that has been doing rounds is August 15, 2025. This date could be key to finally ending the lawsuit that has caused years of uncertainty for XRP holders.
Why August 15 Matters
August 15 is not the deadline to end the case, but it is the date by which the SEC is expected to file a status update with the appellate court. This date comes from a joint request made by both Ripple and the SEC asking the court to keep the appeal process on hold. In legal terms, the appeals have been held “in abeyance” while discussions continue behind the scenes.
Former SEC Lawyer Clarifies the Situation
Former SEC attorney Marc Fagel addressed some confusion about the August 15 date. When asked if the SEC must end the case by that date, he explained that it is simply a reporting deadline for the current status of the appeals. He said that both Ripple and the SEC might choose to file a joint motion to dismiss the appeals before August 15, but it is not a requirement.
Fagel added that neither side has dropped its appeal yet. However, the SEC is likely going through its internal review process, and once completed, both parties could agree to dismiss their respective appeals.
He also made it clear that the SEC’s internal meetings are confidential, so no one outside the agency will know if an agreement has been reached until the necessary paperwork is filed in court. According to him, any speculation outside of official announcements should be treated as fiction.
What This Means for XRP Investors
The possibility of ending the Ripple vs SEC case before August 15 is a hopeful sign for XRP holders. If both parties agree to dismiss their appeals, it would mark the official end of the lawsuit. This could remove legal uncertainty around XRP and allow Ripple to expand its operations in the United States without regulatory restrictions.
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FAQs
No—it’s a reporting deadline, but both sides could file to dismiss appeals before then, potentially speeding up the case’s end.
No, but former SEC lawyer Marc Fagel says internal reviews may lead to a joint dismissal before August 15.
Both Ripple and the SEC might jointly move to dismiss their appeals before August 15, but it’s not a requirement for them to do so.
An end to the lawsuit could remove legal uncertainty for XRP and allow Ripple to expand its operations without U.S. regulatory restrictions.
Yes 
No 
