Close Menu
AsiaTokenFundAsiaTokenFund
  • Home
  • Crypto News
    • Bitcoin
    • Altcoin
  • Web3
    • Blockchain
  • Trading
  • Regulations
    • Scams
  • Submit Article
  • Contact Us
  • Terms of Use
    • Privacy Policy
    • DMCA
What's Hot

How To Make a Million With Shiba Inu (SHIB)?

July 4, 2025

Trending Alternative Crypto to Dogecoin (DOGE) Set to Turn $650 into $65,000 in 4 Months

July 4, 2025

Analysts Predict Major July Explosion for Neo Pepe Coin ($NEOP) Among Best Crypto Meme Coins

July 4, 2025
Facebook X (Twitter) Instagram
Facebook X (Twitter) YouTube LinkedIn
AsiaTokenFundAsiaTokenFund
ATF Capital
  • Home
  • Crypto News
    • Bitcoin
    • Altcoin
  • Web3
    • Blockchain
  • Trading
  • Regulations
    • Scams
  • Submit Article
  • Contact Us
  • Terms of Use
    • Privacy Policy
    • DMCA
AsiaTokenFundAsiaTokenFund

Did SEC’s Closed-Door Meeting Mark the End of XRP Lawsuit? Judge Torres Steps Aside

0
By on July 4, 2025 Altcoin, Bitcoin, Regulations, Trading, Web3
Share
Facebook Twitter LinkedIn Pinterest Email

The post Did SEC’s Closed-Door Meeting Mark the End of XRP Lawsuit? Judge Torres Steps Aside appeared first on Coinpedia Fintech News

Ripple vs. SEC case saw renewed speculations after the SEC’s closed-door meeting yesterday. Posts on X suggested that the agency may soon drop its appeal. One widely shared post claimed that it could be withdrawn as early as today. 

There was also confusion that the case still rests with the court, and only Judge Torres can finalize a settlement. However, former SEC attorney Marc Fagel jumped in to clarify that Judge Torres has no further role in the case. 

Judge Torres Has No Further Role In The Case.

The legal expert shared that currently, there is nothing pending before Judge Torres. She has already ruled on the matter, finding Ripple in violation of the securities law. She had also issued a $125 million penalty and enjoined the company on future violations. 

No. The parties can drop their appeals, at which time her order against Ripple takes effect. Judge Torres has no further role in this.

— Marc Fagel (@Marc_Fagel) July 4, 2025

With her ruling complete, it is now up to the SEC and Ripple to proceed or dismiss their appeals. “The parties can drop their appeals, at which time her order against Ripple takes effect. Judge Torres has no further role in this,” he said. 

Ripple CEO Brad Garlinghouse had recently announced the company’s intent to drop the appeal. However, Fagel noted that no official filing has been made yet. But he expects that both parties will file to dismiss their appeals. 

No Set Timeline Yet

There were expectations that the recent closed-door SEC meeting on July 3rd could bring some updates to the case. However, Fagel explains that it was very unlikely as the meeting was a part of the SEC’s regular weekly schedule, and the agenda was likely set before the recent court ruling. 

According to Fagel, although the appeals process could take weeks or much longer, a faster resolution could also happen. Since the SEC has already voted once to dismiss, the process may be expedited, even though such approvals usually take time. There is a “no set timeframe” he said. 

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

How To Make a Million With Shiba Inu (SHIB)?

July 4, 2025

Trending Alternative Crypto to Dogecoin (DOGE) Set to Turn $650 into $65,000 in 4 Months

July 4, 2025

Analysts Predict Major July Explosion for Neo Pepe Coin ($NEOP) Among Best Crypto Meme Coins

July 4, 2025
Leave A Reply Cancel Reply

What's New Here!

How To Make a Million With Shiba Inu (SHIB)?

July 4, 2025

Trending Alternative Crypto to Dogecoin (DOGE) Set to Turn $650 into $65,000 in 4 Months

July 4, 2025

Analysts Predict Major July Explosion for Neo Pepe Coin ($NEOP) Among Best Crypto Meme Coins

July 4, 2025

Ethereum Holds Its Rank, But Lightchain AI Holds the Heat With Tactical Movement Into Final Presale Stage

July 4, 2025
AsiaTokenFund
Facebook X (Twitter) LinkedIn YouTube
  • Home
  • Crypto News
    • Bitcoin
    • Altcoin
  • Web3
    • Blockchain
  • Trading
  • Regulations
    • Scams
  • Submit Article
  • Contact Us
  • Terms of Use
    • Privacy Policy
    • DMCA
© 2025 asiatokenfund.com - All Rights Reserved!

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

Ad Blocker Enabled!
Ad Blocker Enabled!
Our website is made possible by displaying online advertisements to our visitors. Please support us by disabling your Ad Blocker.