BitSky000
07/14 12:43

Despite all the speculation around the Ripple SEC case, experts have revealed that there’s no delay from the regulators or the court. According to Marc Fagel, a former SEC enforcement attorney, what the crypto community sees as stalling is just the process. With XRP now pushing towards $3.00 and Crypto Week 2025 underway, timing, perception and procedure are colliding in ways that could turn XRP’s regulatory future and its price.
Marc Fagel’s recent tweet struck a chord across crypto Twitter. Addressing the growing concern that the U.S. Securities and Exchange Commission (SEC) is dragging its feet in the long-running case against Ripple, Fagel said there’s no foul play involved. The holdup is procedural.Ripple and the SEC agreed to drop the remaining issues, mostly institutional sales. The commission is now going through a mandatory internal voting process to formally approve the dismissal. According to Fagel, this is a “standard step that takes one to two months”, not a stalling tactic. The SEC must authorize enforcement staff to file dismissal papers jointly with Ripple before the case can be officially closed in court.
Fagel also addressed the speculation around SEC closed door meetings, like the one on July 10.
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