Ripple SEC News: Judge Has No Role Left as Case Nears End

Ripple SEC News Update: Judge Steps Aside, Final Resolution Nears

The legal fight between Ripple and the U.S. Securities and Exchange Commission may finally be wrapping up. After months of speculation and online debates, a clear picture is starting to form. And according to former SEC lawyer Marc Fagel, it’s not the judge or the commission causing any delay. The case is just going through standard legal steps, and nothing unusual is holding it back. This Ripple SEC News is again making waves in the crypto market. 

Judge Torres Has No Further Role in the Case

Some members of the XRP community recently raised concerns that Judge Analisa Torres might be delaying the settlement by not acting on the joint motion to dismiss the case. However, Marc Fagel, who has years of experience with the comission, quickly put those concerns to rest.

Source: Marc Fagel

In a post on X (formerly Twitter), Fagel explained that Judge Torres is no longer involved because there’s nothing left for her to decide. He stated, “Nobody is holding up the case. Not the judge (there is nothing for her to decide), not the commission (which has a standard procedure to follow).”

This statement brought some much-needed clarity to the Ripple SEC news, especially for those closely following every update.

SEC Just Following Standard Procedure

Right now, both the parties are expected to drop their appeals as per the latest Ripple SEC News. That means they are ready to end the case completely. But that process doesn’t happen overnight. According to Fagel, the commission has to go through an internal vote before dismissing the appeal officially. This vote and the paperwork that follows usually take one to two months.

Fagel added, “So there is nothing pending before the judge; it’s now in the hands of the parties to simply dismiss their appeals, which they will do shortly.” This shows that the court has already done its part, and the remaining steps are just part of the usual process.

No Appeals Dismissed Yet, Despite Rumors

There has been some confusion in the crypto space, with rumors suggesting the organisation already dropped its appeal taking reference from the tweet of Ripple CEO Brad Garlinghouse. But Fagel clarified that no such filing has been made yet. He also pointed out that while the process seems slow to outsiders, it is running exactly as expected from a legal standpoint.

This is important Ripple SEC News update for XRP holders and crypto investors, as many feared that some unseen issue was dragging things out. But Fagel’s insights offer reassurance that everything is going according to plan.

Impact on XRP Price 

After this Ripple SEC News, the XRP price has hit $3.00, it has experienced a surge of 8.16% and the trading volume has also surged by 53% to reach $10.98 billion within the last 24 hours. 

Source: CoinMarketCap 

XRP Lawsuit Heads Toward Final Resolution

As of now, both the parties are simply going through final procedures. The judge has no decisions left to make, and the legal wheels are turning at their normal pace. While this might not satisfy those hoping for instant results, it does mean the case is almost done.

For anyone tracking Ripple SEC news, this phase marks the final stretch. There's no cause for worry, just a little more patience while both sides officially end what has been one of crypto’s most closely watched legal battles.