News View Non-AMP

Ripple vs SEC: Here’s Why the Court Isn’t Done With XRP Yet

Published by
Anjali Belgaumkar and Qadir AK

Another week, another set of rumors surrounding the long-running legal battle between Ripple and the US Securities and Exchange Commission (SEC). This time, social media buzzed with claims that the SEC had held its fourth secret, closed-door meeting to discuss Ripple’s appeal. The post further said that this delay could affect the chances of an XRP spot ETF approval. Others say that if the SEC drops the appeal, XRP might see a major breakout.

Former SEC lawyer Marc Fagel stepped in to set the record straight. Responding to the viral claim, Fagel clarified that no such fourth closed-door meeting on the Ripple appeal had taken place. According to him, the case is currently in the hands of the Court of Appeals, not the SEC commissioners. Earlier, the SEC had requested Judge Analisa Torres to reconsider her decision in the case, but she declined. 

So, what’s causing the delay?

Fagel explained that both Ripple and the SEC have appealed different parts of the ruling. The SEC appealed the part they lost, and Ripple cross-appealed the portion they disagreed with. In order for Judge Torres’s ruling to take full effect, both parties must dismiss their respective appeals. While Ripple may be ready, the SEC has to go through an internal approval process before it can officially withdraw.

What’s Taking So Long?

This is not unusual. According to Fagel, the SEC follows this review process in every case that reaches court. For investigations that don’t go to court, the process is faster because staff can close them without getting approval from the SEC commissioners.

For Ripple and XRP holders, this waiting period may be frustrating. While the delay could affect ETF progress, it is simply a part of the legal process. If both sides decide to withdraw their appeals soon, the judge’s ruling will become final. That could finally bring some clarity to the case and open the door for future developments in XRP’s journey.

FAQs

Why is the Ripple vs SEC case still delayed in 2025?

The case is delayed because both Ripple and the SEC have filed appeals and haven’t withdrawn them yet.

Could the SEC appeal delay affect an XRP ETF approval?

Yes, the ongoing legal delays could stall the approval process for any XRP spot ETF.

When will Judge Torres’s ruling in the Ripple case take full effect?

The ruling becomes final only if both Ripple and the SEC drop their appeals.

Anjali Belgaumkar and Qadir AK

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

Shiba Inu’s Burn Rate Surges 1,661%: Will SHIB Price Trigger Bullish Reversal?

Shiba Inu price has been making a strong comeback over the last few days as…

September 8, 2025

JPMorgan Warns of a Fed Rate Cut Pullback; Says Investors Can Hedge With Gold

JPMorgan’s trading desk has cautioned investors of a potential pullback after the expected Fed rate…

September 8, 2025

Can Pi Network Price Hit $10?

The Pi Network (PI) is once again under pressure as its price slips dangerously close…

September 8, 2025

Nasdaq Files With SEC to Launch Tokenized Securities Trading

Nasdaq has taken a big step to modernise financial markets.  Recognising the potential of blockchain…

September 8, 2025

15 Best Altcoins to Buy in September 2025 and Why

After months of waiting, the breakout moment for altcoins may finally be here. Analysts say…

September 8, 2025

Pepe Coin Price Signal Struggles Ahead As New Memes Like Layer Brett Capture Global Interest

The Pepe coin price is bleeding, and technical signals warn of further danger ahead. The…

September 8, 2025