The legal confrontation observed between Ripple Labs and the US stock and values commission. UU. It seems to be coming to an end, offering new hope to XRP holders and the broader cryptocurrency market. After months of speculation, online debates and fluctuating cryptography prices, a clear path to resolution is emerging.
In a remarkable update, the former SEC’s execution lawyer, Marc Fagel, clarified that No unusual delays They are hindering the conclusion of the case and that the The standard legal process is underway.
Ripple’s Legal Saga: A brief background
The legal challenges of Ripple began in December 2020 when the SEC filed a lawsuit claiming that the company and its executives made an offered non -registered values selling XRP tokens. This demand, one of the highest profile cases in the cryptographic industry, triggered years of litigation that had long -range implications on how digital assets are regulated in the United States.
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In July 2023, Judge Analisa Torres ruled that Ripple XRP sales in public exchanges did not constitute values transactions, while institutional sales were considered under the laws of values. This partial victory was seen as a significant victory for Ripple and the broader cryptographic community. Since then, the parties have been browsing the appeal process and liquidation discussions, with the cryptographic industry observing each movement.
Judge Torres set aside, clarifies the role
In recent weeks, some members of the XRP community expressed concern on social media platforms, speculating that Judge Torres was delaying the agreement not acting on the joint motion to dismiss the case. However, Marc Fagel addressed these concerns directly, providing very necessary clarity for supporters.
In a shared statement in X (previously Twitter), Fagel explained that Judge Torres has There are no more decisions to make in this case. “No one is delaying the case. It is not the judge (there is nothing to decide), nor the commission (which has a standard procedure to follow),” he said, emphasizing that the case is progressing exactly as it should within the framework of the United States legal system.
The internal procedures of the SEC: why it takes time
According to Fagel, while the parties are expected to eliminate their appeals soon, the process does not happen instantly. The sec must undergo a Internal voting procedure before the appeal can formally dismiss. This process implies a structured review and vote by the members of the Commission, followed by the completion of the official paperwork, a step that usually takes one or two months.
“So there is nothing pending before the judge; now it is in the hands of the parties simply dismissing their appeals, which they will do shortly,” Fagel said. His ideas assure the XRP community that what can appear as delays are standard procedural steps, without underlying complications.
Rumors vs. Reality: There are no dismissed appeals still
The rumors that circulate in the cryptographic community suggested that the CEO of Ripple, Brad Garlinghouse, hinted that the SEC abandoned its appeal based on its social media updates. However, Fagel clarified that such presentations have not yet been made, and the commission has not officially withdrawn its appeal from now on.
While these rumors have caused speculation within cryptography markets, Fagel’s statements have contributed an objective perspective, remembering investors and enthusiasts that legal processes require time and follow structured procedures, even if they seem slow for strangers.
Impact on the price of XRP and the feeling of the market
Legal developments have had a tangible impact on XRP market performance. After the update that the case is about to resolve, XRP increased to $ 3.00, marking an increase of 8.16%while its negotiation volume shot at 53%, reaching $ 10.98 billion in 24 hours.
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| Source: Coinmarketcap |
Market analysts suggest that the possible conclusion of this demand eliminates a significant regulatory shock of XRP, which makes it more attractive to retail and institutional investors. The clarity about the legal status of XRP could pave the way for its broader adoption and its potential for the relationship with the main exchanges of the United States. That had previously delighted it due to regulatory uncertainties.
Ripple’s next steps: look beyond demand
As the case enters its final phase, Ripple is changing his focus to expand his payment solutions and grow his ecosystem. The company has continued advancing in its projects, including cross -border payment solutions and business blockchain services, even in the midst of ongoing legal challenges.
Ripple executives have constantly maintained that regulatory clarity is essential for the broader cryptographic market, and the almost resolution of this case could establish a precedent for other cryptographic projects that browse the US regulatory frameworks.
What this means for the cryptographic industry
The demand Ripple vs. SEC has been seen as a fire test on how digital assets are classified and regulated in the United States. A final resolution could influence the sec approach to other cryptocurrency projects, offering clearer guidelines on the tokens classification and sales practices.
If Ripple and Secoly dismisses the appeals and close the case, it could mark a fundamental moment for the cryptographic industry, which indicates a more mature phase where projects can operate with greater legal certainty while maintaining compliance with evolving regulations.
Investor control: patience is key
For XRP holders and cryptographic investors closely monitor the demand of the secinpple sec, the latest updates suggest that the legal process is constantly moving towards a conclusion. While it is natural for investors to seek rapid resolutions, the reality of legal procedures means that patience remains essential.
The positive market response to the latest developments indicates the optimism that Ripple will emerge stronger after the law of the law, potentially promoting the value of XRP even more in the medium and long term.
Conclusion: A final resolution available
From now on, the Ripple vs. case SEC is at the cusp of the final resolution, without Judge Torres, pending actions of Judge Torres and the remaining steps in the hands of Ripple and the SEC. The legal wheels are spinning as expected, and the process is about to end, providing a feeling of relief to the XRP community and the cryptographic industry in general.
For those who track the news of Ripple SEC, this period represents the final stretch of one of the most important legal battles in the cryptographic space. With the lifting of the regulatory cloud, Ripple is ready to continue his mission to revolutionize cross -border payments, and XRP could see a renewed impulse in the evolutionary cryptographic market.
Meanwhile, investors are encouraged to stay informed, remain patient and continue monitoring official updates to navigate this final phase with confidence.
Writer
@Ellena
Ellena is an experienced cryptographic writer who loves to explore the intersection of blockchain technology and financial markets. She regularly provides information about the latest trends and innovations in the currency space.
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