The Ripple vs SEC case has taken another significant turn with securities lawyer Marc Fagel’s settlement delay claims sparking a heated debate. Dismissing rumors of ongoing negotiations between the SEC and Ripple, Fagel revealed the internal procedures that may be driving the delay.
Meanwhile, Marc Fagel dismissed speculation that ongoing negotiations between the SEC and Ripple are driving the delay, despite previous agreements between the two parties. In an X post, “That’s not the cause for delay.” He further shed light on the potential cause of the XRP lawsuit settlement delay, citing internal SEC procedures, including drafting action memos, division reviews, and scheduling commissioner votes, as the likely culprit.
