Former SEC lawyer Marc Fagel has clarified that Judge Analisa Torres has no further role in the ongoing lawsuit between the Securities and Exchange Commission and Ripple. In a series of comments posted on X, Fagel addressed misconceptions within the XRP community about the current procedural status of the case and explained what remains to be decided. Fagel stated that Judge Torres’s earlier ruling against Ripple remains effective and does not require additional action from her once the parties withdraw their respective appeals. He wrote, “The parties can drop their appeals, at which time her order against Ripple takes effect. Judge Torres has no further role in this.” His remarks follow Ripple CEO Brad Garlinghouse’s announcement that the company intends to dismiss its appeal. However, Fagel noted that, as of now, no formal filing to dismiss has been recorded in the court docket. Expanding on the issue, Fagel argued that despite public statements from Ripple’s leadership, the appeal dismissal has yet to be formally filed by either side. He said neither party has officially taken that procedural step, but added that it is likely they will. “Neither party has filed to dismiss their appeals… but once they do (and they pretty obviously will), the district court’s ruling against Ripple goes into effect. There is nothing further for Judge Torres to sign off on,” he explained . His comments directly address ongoing debates in the XRP community about whether Judge Torres is still actively involved in the case. 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 SEC Meeting Unlikely to Affect Ripple Case In addition to clarifying the judge’s role, Fagel commented on the significance of the SEC’s private meeting held on July 3. Speculation within the XRP community suggested that the meeting might result in an immediate settlement or another significant decision in the Ripple matter. Fagel disagreed with these interpretations, describing the meeting as part of the agency’s routine weekly schedule. Responding to speculation, Fagel wrote , “Very, very unlikely. The meeting agenda was set well before the district court ruled against vacating the injunction. It typically takes several weeks for a matter to get on the SEC agenda for a vote. Is it possible? Sure, anything’s possible. But would be very unusual.” His view suggests that any resolution to the appeal or settlement process is not directly linked to this meeting and is unlikely to be concluded quickly. We are on X, follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) June 15, 2025 Timing of Appeal Dismissals and Settlement Fagel also addressed the timeline for the final resolution of the case. He pointed out that although both parties will probably withdraw the appeal, the process may still take weeks or even longer, depending on how quickly the SEC moves. While acknowledging the possibility of an expedited process, he cautioned that the SEC’s internal procedures are rarely immediate. He commented , “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.” His remarks underscore that although a settlement appears likely, procedural realities mean it could take additional time to be finalized. Fagel’s analysis has provided a clearer understanding of how the case is likely to proceed. Judge Torres’ previous ruling against Ripple will remain in place once both sides formally dismiss their appeals, but no further judicial action is required from her. The July 3 SEC meeting does not appear to be directly relevant to the Ripple lawsuit, and while a settlement remains probable, it is unlikely to occur immediately. Fagel’s comments serve as a reminder that the case’s resolution depends on procedural filings and internal SEC processes, which tend to move at a deliberate pace even when the outcome seems assured. Disclaimer : This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are advised to conduct thorough research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses. Follow us on X , Facebook , Telegram , and Google News The post Ripple (XRP) vs SEC Case As of July 5, 2025 appeared first on Times Tabloid .
![5 Best Bitcoin Sportsbooks for 2025 [Live Odds, Instant Withdrawals]](https://resources.cryptocompare.com/news/104/47564825.jpeg "5 Best Bitcoin Sportsbooks for 2025 [Live Odds, Instant Withdrawals]")