Close Menu
iCoin MarketiCoin Market
  • News
  • Coins
    • Bitcoin
    • Altcoin
    • Ethereum
    • Stablecoins
  • Blockchain
  • Markets
  • NFTs
  • DeFi
  • Web3
  • Insights
  • Videos
  • More
    • ETF
    • Learn
    • Politics
Trending Now

Congress Designates Mid-July as ‘Crypto Week’ for the Passage of GENIUS and CLARITY Acts

July 4, 2025

Turkey Prohibits Binance Chain DEX PancakeSwap Due to Licensing Issues

July 4, 2025

Breaking News: Ondo Finance Acquires Oasis Pro to Develop Regulated Tokenized Securities

July 4, 2025
Facebook X (Twitter) Reddit Telegram
Facebook X (Twitter) Reddit Telegram
iCoin MarketiCoin Market
 eToro
 Trading View
Login
Live Markets
  • News
  • Coins
    • Bitcoin
    • Altcoin
    • Ethereum
    • Stablecoins
  • Blockchain
  • Markets
  • NFTs
  • DeFi
  • Web3
  • Insights
  • Videos
  • More
    • ETF
    • Learn
    • Politics
Play Games Newsletter
iCoin MarketiCoin Market
Home»Altcoin
Altcoin

Former SEC Lawyer: Judge Torres Has No Further Involvement in XRP vs. SEC Lawsuit

News RoomBy News RoomJuly 4, 2025No Comments4 Mins Read
Facebook Twitter Pinterest Telegram Email Tumblr Reddit LinkedIn
Demo

Understanding the XRP Lawsuit and Its Implications: A Detailed Overview

The ongoing XRP lawsuit, a high-profile case between Ripple Labs and the U.S. Securities and Exchange Commission (SEC), continues to capture the attention of the crypto world. Recently, former SEC lawyer Marc Fagel provided insights into the situation, particularly concerning Judge Analisa Torres’ limited role in future proceedings and the potential for a settlement. As the legal battle unfolds, an understanding of these dynamics is essential for stakeholders in the cryptocurrency space.

Marc Fagel’s Insights on Judge Torres’ Role

In a recent post, Marc Fagel reiterated that Judge Analisa Torres would not have any additional involvement in the ongoing XRP lawsuit. According to him, the judge’s previous orders against Ripple will take effect as soon as both Ripple and the SEC decide to drop their appeals. Fagel emphasized that the judge’s role is largely concluded once the appeals are dismissed: “The parties can drop their appeals, at which time her order against Ripple takes effect. Judge Torres has no further role in this,” he noted. This clarification is crucial for those following the case, as it indicates that Judge Torres will not be a deciding factor in the next steps of the lawsuit.

Ripple’s Appeal Status

Despite Ripple CEO Brad Garlinghouse announcing the intent to dismiss the company’s appeal against the SEC, Fagel pointed out that this has not officially occurred. He urged the XRP community to exercise caution concerning discussions about the appeal’s dismissal. As of now, neither party has filed any paperwork to drop their appeals. Fagel is confident, however, that such a filing is inevitable: “They 100% will,” he asserted. The delay in filing could signify the complexities involved in finalizing the dismissal, but the expectation remains high that both parties will soon reach a consensus.

The Significance of the Upcoming SEC Meeting

There is growing speculation in the crypto community regarding a private SEC meeting scheduled for early July. Some believe this meeting could result in a pivotal development in the Ripple case. However, Fagel has characterized this meeting as a routine session that is unlikely to alter the course of the lawsuit. According to his analysis, “It is very, very unlikely. The meeting agenda was set well before the district court ruled against vacating the injunction.” For those invested in the narrative surrounding Ripple and the SEC, this insight offers a grounding perspective amidst the swirling rumors.

Timeline for Appeal Dismissal and Settlement

While the discussions about potential settlements continue, Fagel highlighted that the process might take several weeks or even longer. Nonetheless, he also noted the possibility of an expedited approach due to the prior vote to dismiss, which could streamline the proceedings. “The SEC approval process doesn’t happen overnight. It typically takes several weeks (or even months). It might be expedited since they’ve already voted once before to dismiss the appeal),” Fagel explained. This dual perspective highlights both the uncertainties and possibilities inherent in legal proceedings, especially in the cryptocurrency sector.

Implications for the XRP Community

The developments in the XRP lawsuit are of paramount importance for stakeholders, including investors, developers, and the broader crypto ecosystem. The case sets a precedent for how regulatory bodies like the SEC interact with burgeoning technologies and digital assets. Should Ripple successfully navigate this legal challenge, it may pave the way for more favorable regulatory environments for other cryptocurrencies. Conversely, a ruling against Ripple could have chilling effects across the industry, raising questions about compliance and the future of crypto innovation in the United States.

Conclusion: A Critical Moment for XRP

As we await the next steps in the XRP lawsuit, the insights provided by legal experts like Marc Fagel shed light on the complexities involved in navigating this tumultuous landscape. With Judge Torres’ role largely concluded and both Ripple and the SEC yet to finalize their appeal dismissals, the coming weeks may be vital for determining the future of Ripple and the broader cryptocurrency market. Investors and community members must stay informed and engaged in this ongoing saga, recognizing that the outcome could have lasting implications for the industry’s regulatory landscape.

Demo
Share. Facebook Twitter Pinterest LinkedIn Email Telegram WhatsApp

Related News

Turkey Prohibits Binance Chain DEX PancakeSwap Due to Licensing Issues

Altcoin July 4, 2025

Breaking: Nano Labs, Listed on Nasdaq, Establishes BNB Treasury with $50M Acquisition

Altcoin July 3, 2025

Solana Staking ETF Reaches $33M Trading Volume on Its First Day, Surpassing XRP and SOL Futures ETFs

Altcoin July 3, 2025

Ripple Mints 14 Million RLUSD Following Partnership with OpenPayd

Altcoin July 2, 2025

Ripple Unleashes 500M XRP and Re-locks 400M: What’s Happening?

Altcoin July 2, 2025

XRP Launches on Injective Following XRPL’s EVM Release; INJ Price Falls

Altcoin July 1, 2025

XRP Lawsuit Update: Lawyer Indicates SEC Appeal Dismissal May Take Weeks or Longer

Altcoin July 1, 2025

Breaking: US SEC Postpones Decision on Ethereum ETF Staking with Bitwise

Altcoin June 30, 2025

Robinhood Unveils Layer 2 Blockchain on Arbitrum, HOOD Stock Soars 10%

Altcoin June 30, 2025
Add A Comment
Leave A Reply Cancel Reply

Editors Picks

Turkey Prohibits Binance Chain DEX PancakeSwap Due to Licensing Issues

July 4, 2025

Breaking News: Ondo Finance Acquires Oasis Pro to Develop Regulated Tokenized Securities

July 4, 2025

Chainlink: Whales are Accumulating, But Will the Price Respond?

July 4, 2025

Lucky Solo Bitcoin Miner Defies the Odds to Win $350,000 Block Reward

July 4, 2025

Latest Articles

Binance Hires Former Gemini CEO Gillian Lynch as Head of EU Operations

July 4, 2025

Bitcoin Dormant Whale Transfers 20,000 BTC Valued at $2.18 Billion

July 4, 2025

Ripple XRP Unlocks 1 Billion with Two 500 Million Releases in July

July 4, 2025

Subscribe to News

Get the latest news and updates directly to your inbox.

Advertisement
Demo
Facebook X (Twitter) Reddit Telegram
2025 © iCoin Market. All Right Reserved.
  • Privacy Policy
  • Terms
  • Advertise
  • Contact

Type above and press Enter to search. Press Esc to cancel.

Sign In or Register

Welcome Back!

Login to your account below.

Lost password?