🔒🗝️ 🔓 😱 EXPLOSIVE REVELATION ⋙ THE TRUTH ABOUT THE DELAYS SEC vs #Ripple ❗
⚡️ FORMER SEC EMPLOYEE BREAKS THE SILENCE 🔥
The crypto community has ALWAYS blamed the #SEC for the delays in the Ripple/XRP case, but the TRUTH has just come to light and will SHOCK you
💣 WHAT REALLY HAPPENED?
Marc Fagel, former regional director of the SEC, revealed that it was RIPPLE ITSELF that prolonged the process in 2024, not the Commission.
🎯 THE HIDDEN FACTS
➜ Ripple tried to RENEGOTIATE the terms of the $125 million fine
➜ Sought to REMOVE the injunction that prohibits sales to non-institutional investors
➜ The judge IMMEDIATELY REJECTED these attempts
Result: MONTHS of unnecessary litigation
⚖️ THE REAL TIMELINE
✅ March 2024: Case was supposed to have ended
❌ Ripple: "We want to reduce the fine and remove restrictions"
🏛️ Court: "DENIED"
🔄 Result: Process restarted, delays until June
🔍 CONCRETE EVIDENCE:
Fagel explained that "the parties originally tried to resolve the case in terms that made the withdrawal of appeals dependent on the court overturning the injunction and reducing the fine", but the court refused and "they had to restart the process".
📅 CONFIRMED DEADLINE
AUGUST 15, 2025 = SEC's final deadline to wrap everything up.
The $125 million in custody goes straight to the U.S. Treasury.
💡 IMPACT ON $XRP
HARSH REALITY: Fagel was emphatic that "illegally raised hundreds of millions through unregistered securities sales is an established legal issue"
BUT... With Paul Atkins at the SEC, the regulatory environment may become more favorable for future operations.
🎯 CONCLUSION
The narrative of "SEC pursuing Ripple" does not tell the whole story. It was Ripple's attempts to renegotiate that prolonged this saga.
🤔 What do you think? Was Ripple smart in trying to renegotiate or did it just prolong our suffering?
