Ripple vs. Sec approaching the final stagesBut the path is not clear yet. Although Ripple officially withdrew in June and fulfilled his penalty of $ 125 million, SEC did not do the same.
This case lived in the minds of members of the XRP community for a long time, and recently the lawyer Pro-XRP Bill Morgan commented that although technically there is no complex date for the withdrawal of SEC, the key date is now approaching.
No deadline, but the clock is ticking
According to Pro-XRP lawyer Bill MorganAugust 15, 2025, serves as a procedural checkpoint for both Ripple and SEC in their legal distance. This is due to the fact that on this day they are obliged to submit a joint status report to the Court of Appeal, effectively making it the moment when the SEC will be expected.
Although the regulatory agency has no legal appeal by that time, the deadline is a trigger of action, or at least a formal update. He wrote that “SEC must report to the Court of Appeal by August 15, 2025, which acts as a deadline … Although he can simply ask for more time.”
This delay meant that the XRP community in the maintenance patterns from October 2024, when SEC submitted a notification of an appeal regarding the judgment of judge Torres. The main consensus is that SEC will follow the leadership of Ripple consisting in the deduction of his cross appeal.
What happens if the sec is withdrawing or not?
The longer the SEC remains still, the greater the uncertainty clouds the path forward, despite the growing consensus that the judge Torres Decision in July 2023.which announced that XRP is not security in the secondary market trade for retail sellers, it should now be finalized. The appeal fundamentally allowed the case to drag two more years.
If the SEC withdraws the appeal in the coming days, this action will enable the decision of May 2023 as final. This would not only end a long legal battle, but also unlock several long -awaited market investments.
As he noted Cryptographic commentator Vincent Van Code, over 1,700 companies related to RIPPLE by NDA may finally reveal partnerships and Projects built on the Book of XRP. In addition, legal clarity would also pave the way to institutional products like an ETFS XRP point waiting for approval, Which in turn would cause a rapid raise in XRP prices.
However, if SEC demands more time on August 15 or around around August 15, it may delay the next XRP growth phase and continue to keep the XRP regulatory status suspended. Although such a move would not reverse any legal victories that protected Ripple, it would prolong the uncertainty that stops trust among investors.
A distinguished painting from Istock, chart from tradingview.com
