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- ๏ปฟAnjali Belgaumkar
๏ปฟAnjali 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 โEnthusiastโ but trust me I'm getting there.
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Qadir AKQadir 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.
- Aug 05, 2025 03:05 UTC
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Ripple vs SEC Lawsuit Update: Why Is It Taking So Long to Dismiss the Appeal?
Ripple vs SEC Faces New Delay: Legal experts cite internal SEC vote confusion and failed settlement as reasons for prolonged appeal dismissal.
Dismissal Stuck in SEC Bureaucracy: A second vote may be needed for full Ripple case dismissal, stalling closure despite mutual agreement.
The Ripple vs SEC lawsuit is again at the center of attention as crypto experts and legal analysts express growing frustration about the delay in dismissing the SEC’s appeal. While the SEC has been quick to wrap up lawsuits against other crypto companies like Coinbase, many are questioning why the process is dragging on when it comes to Ripple and XRP.
Attorney Bill Morgan recently raised a key question. He asked whether SEC Chair Paul Atkins can get the agencyโs commissioners to vote on dismissing the appeal in the Ripple case. He also questioned if SEC attorneys are ready to file the necessary paperwork.
Expert Breaks It Down
Former SEC lawyer Marc Fagel responded with more context. He explained that Ripple and the SEC earlier attempted to settle the case. However, the proposed terms depended on the court removing an injunction and reducing the penalty against Ripple. The court rejected that proposal. Because of that, both parties had to start the dismissal process again from scratch.
Fagel said that if Ripple had simply accepted the original court ruling without asking for changes, the appeal would have been dismissed months ago. Instead, their alternative approach failed, and now the process must go through the SECโs usual steps again.
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Is a Second Vote Needed?
A part of the current delay is confusion over whether another SEC vote is needed. Morgan and Fagel discussed this as well. According to Fagel, there is a small chance that the previous vote, taken before Atkins became chair, already allowed for a full dismissal. But given the ongoing delay, itโs likely that a second vote is still required.
Morgan added that he had spoken with another former SEC attorney who was unsure if a new vote was necessary. Fagel replied that the delay makes it clear the previous vote probably didnโt cover full dismissal of the case.
Why Itโs Still Not Over
Even though both Ripple and the SEC appear ready to end the case, they are stuck in a holding pattern. The internal approval process at the SEC is slow, especially when a new chair takes over. Until a fresh vote is held, the appeal cannot officially be dismissed, and the legal proceedings remain active.
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FAQs
The delay stems from Ripple’s rejected settlement terms, requiring restarting dismissal procedures. SEC’s internal voting process under new leadership further slows resolution.
Yes, but only after SEC commissioners vote on dismissal. Former officials debate whether a new vote is needed, causing current delays in the process.
Until appeal is officially dismissed, legal uncertainty remains. Resolution could come faster if SEC prioritizes vote like it did with other crypto cases.
Yes 
No 
