That Ripple vs. SEC case is still not completely resolved. Although Ripple announced on June 27 that they would bring back their repairs, SEC had not officially withdrawing its own appeal, keeping the case open and investors waited.
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The SEC meeting triggered speculation, but there was no action
Many people in the Crypto community expect SEC to choose to drop that long A closed meeting recently. They want to know why there are no press releases from SEC after a closed meeting on July 17, especially with “litigation” on the agenda.
No announcement was made, and on Friday, XRP dropped from $ 3.66 to under $ 3.50. Legal expert Mark Fagel explained that this was just a routine meeting. SEC holds this closed meeting every Thursday, and the agenda does not reveal what is actually being discussed. So, no one outside SEC knows whether the ripple is even on the table.
“There is no basis to believe that rejecting ripples is on the calendar yesterday. It took 1-2 months for the SEC enforcement calendar, and anyone who claimed to know exactly when this would be a lie,” he said.
Why hasn’t SEC dropped its charm?
Some XRP holders show that SEC does not hold a closed meeting every Thursday as claimed. They argue that past agreements were made faster, but Fagel pushed back strongly, saying that the delay was not about disagreement, this was about the procedure. In his words, “That is not the cause of delay, but continues to teach former senior SEC officials about the SEC procedure.”
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Fagel says it’s just a procedure
Although Ripple has announced his appealSEC must go through a standard internal process. That includes the preparation of action memos, reviewing him in various divisions, and scheduled voting with the commissioners. The time line can easily take 1-2 months, he said.
Marc Fagel before Clarification that no party has officially dropped them. SEC only follows the process, and there is nothing special for ripples. When finished, both parties will submit a dismissal document, and that will happen soon.
The next closed meeting was on July 24, exactly four weeks after the decision of the Torres judge. Experts broadly hope that SEC will bring down its attraction in the ripple case. After the appeal was officially dismissed, he could accelerate the approval of ETF XRP-Spot. XRP prices remain volatile, and investors watch carefully for any development.
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FAQ
No, Case Riak vs SEC is not completely resolved. While Ripple dropped a cross border in June 2025, SEC has not officially attracted its appeal.
Experts broadly hope that SEC will soon cancel its appeal in the ripple case, potentially around the next closed meeting on July 24, because this is a procedural step after completion.
After the SEC officially rejects its appeal, it is expected to accelerate the approval of ETF XRP Spot, which can significantly increase XRP prices.
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