The legal dispute between Ripple and the U.S. Securities and Exchange Commission (SEC) is nearing its conclusion, marking an important turning point for the future of Ripple and cryptocurrency XRP. Recent information indicates that Ripple has officially withdrawn its cross-appeal against the SEC, opening the door for both parties to end the long-standing lawsuit. Investors and the cryptocurrency community are particularly interested in a closed meeting on July 3, 2025, where the SEC is expected to vote to withdraw the appeal. This not only helps Ripple alleviate its legal burden but also creates momentum for growth in the Internet of Value space—promising a comprehensive and transparent expansion of XRP Token's application scope.
Ripple and SEC: An overview of the cryptocurrency legal dispute
The legal battle between Ripple and the SEC has attracted the attention of professionals and cryptocurrency investors for many years. The SEC previously accused Ripple of issuing XRP as an unregistered security, leading to a prolonged lawsuit that affected market sentiment. Ripple's withdrawal of the cross-appeal indicates that the company's legal strategy has entered a new phase, focusing on developing blockchain-related products and services.
This information was disclosed directly by Ripple CEO Brad Garlinghouse and has received much positive feedback from the XRP community and industry analysts. The process of expanding the applications of the Internet of Value, a concept about the rapid and efficient transfer of digital assets, is becoming increasingly essential in today's financial technology development trends.
The significance of the closed meeting on July 3, 2025, for Ripple
The closed meeting announced by the SEC at 2:00 PM Eastern Time (ET) on July 3, 2025, is considered a significant legal trading turning point. Although not public, the meeting will discuss various issues such as dispute resolution, administrative procedures, and related litigation matters. Many experts predict this is an opportunity for the SEC to vote to withdraw the Ripple appeal.
The information was revealed in a statement under the Sunshine Act, outlining the goal of resolving current litigation disputes. If the SEC officially withdraws the appeal, this will be a strong positive signal, helping to end one of the longest-running cryptocurrency lawsuits and restore legal clarity for Ripple and the XRP market as a whole.
Legal expert analysis on the developments of the Ripple and SEC case
Legal expert Marc Fagel, who previously worked for the SEC, stated that the current trial has no remaining legal issues to resolve. The judge issued a final ruling a year ago, so all that is needed is for the SEC to vote to withdraw the appeal for that decision to officially take effect.
Mr. Fagel believes that the meeting on July 3 will be a decisive moment when the committee can officially vote to cease litigation. This is the final step in the lengthy legal process, allowing Ripple to focus on developing technology and products without being burdened by legal concerns.
The future of Ripple and XRP Token after the lawsuit concludes
If the SEC withdraws the appeal, Ripple will officially close the long-standing legal battle and open a new era of development for XRP Token. This will not only facilitate legal matters but also boost investor confidence and enhance liquidity in the XRP market.
Ripple can leverage this opportunity to expand Internet of Value-based payment solutions, establish new strategic partnerships, and enhance Blockchain applications across diverse fields. The XRP community is very optimistic about the prospects for sustainable growth after addressing legal barriers.
Source: https://tintucbitcoin.com/ngay-3-7-co-phai-ket-thuc-vu/
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