The long -term legal battle between Ripple and the American Commission for Securities and Stock Exchange (SEC) can finally face. In particular, the joint appeal of both parties may arrive in mid -August. If this happens, the result would be a turning point for the entire Ripple and XRP ecosystem.
According to the market commentator, Vincent Van Code, the end of the case may allow the long -awaited ads of hundreds of companies related to NDA with Ripple, along with the possibility of recent ETF XRP applications from the main institutions after the final determination of legal clarity.
Ripple vs. Sec Battle is coming to an end
The CEO of Ripple, Brad Garlinghouse, announced on June 27, 2025 that Ripple formally withdrew his cross on the SEC decision regarding XRP’s institutional sales. It is widely expected that the SEC will follow and abandon the appeal, although at the time of writing no formal withdrawal has yet appeared in the court files.
However, an crucial milestone of procedural is waiting on August 15, 2025, when both parties must present a status report to the Court of Appeal. Although this date is not the ultimate date of termination of the case, legal experts, including the former advocate Secm Fagel, Confirm that this is the latest point through which progress should be submitted.
In the final resolution of the case will finally be removed from Ripple and its partners. According to Vincent Van Code, as many as 1,700 companies with non -disclosure contracts may begin to reveal their work with Ripple or Activation of systems built on XRPL and XRP. These companies were probably noiseless due to regulatory uncertainty, but it is expected to occur forward after the official closing of the legal case.
The analyst also noticed that the wave Application of the ETF XRP application can occur. Bitcoin and Ethereum are already using ETF products, and XRP is most likely next in the queue if the process is resolved. Huge institutional players, those who avoided XRP during a legal installation, can soon start trading XRP at a enormous stage using ETF.
Looking at August 15 – what next?
Although the deadline not imposed by the court, August 15 became an crucial marker on the Ripple vs. schedule. SEC, mainly because it is expected that both sides operate it to confirm their intentions regarding overdue appeals. If these applications confirm the mutual withdrawal, this would confirm the official completion of court proceedings and ensure regulatory transparency that XRP investors have been waiting for many years.
Ripple now He withdrew from the crucifixion, paying a fine of $ 125 million to the banking department and noticed his desire to pass. Sec has not yet abandoned the appeal, and legal experts, including Bill Morgan, Highlight that there is no Formal date. However, it is expected that SEC will act or explain his intention until around August 15. Otherwise he can ask for more time.
If both parties reject their appeals, the ruling in May 2023 judge Torres It will become final. It will establish XRP as a security when it is rotating on public exchanges.
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