Tensions are rising around the long-running legal battle between the U.S. Securities and Exchange Commission (SEC) and Ripple. Although the XRP community eagerly awaits a final ruling, lawyer and former SEC Regional Director Marc Fagel has warned that rejecting the SEC's appeal won't be a matter of days, but more likely weeks—or longer.
🧾 Why Is the Case Still Dragging On?
Ripple has already withdrawn its own appeal in the XRP lawsuit, making a step toward closing the years-long legal marathon. However, the SEC has not yet formally voted to drop its own appeal—a necessary step before any resolution can move forward.
Marc Fagel explained on X (formerly Twitter) that the SEC will need to vote on dismissing its appeal. Following that, both parties must submit formal documents confirming the withdrawal. Only then will the district court's ruling become final and enforceable.
"It could take several weeks or even longer. It may be possible to accelerate the process, but there is no set timeline," Fagel said.
📆 What About July 3?
XRP supporters were intrigued by an upcoming closed-door SEC meeting scheduled for July 3. Some speculate that the SEC might decide to drop its case against Ripple during this session.
However, Fagel dismissed those expectations:
"It’s likely just a routine weekly meeting. I don’t believe it has anything to do with the Ripple case."
So it's unlikely that a resolution will arrive on July 3. As other analysts have also suggested, the legal saga surrounding XRP could continue for several more weeks—or even longer.
⚖️ Endgame Still Uncertain
Despite the XRP community and markets hoping for a final verdict, the situation remains unclear. The SEC has yet to take the crucial step of withdrawing its appeal, and no official signals point to a swift resolution.
For now, patience remains key. Although the legal chessboard is slowly taking shape, the XRP case is far from over.
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