The SEC has scheduled a closed-door internal vote on August 7, 2025, to decide whether to drop its appeal against Ripple—this could mark the end of the long-running legal battle.
Ripple has already withdrawn its appeal and paid the $125 million civil fine into escrow—but the case isn’t officially closed until the SEC does the same.
Current legal projections suggest the appeal is likely to be dismissed before or by August 15, the date both parties must update the appellate court on their status.
Ripple’s Chief Legal Officer has praised SEC Chair Paul Atkins, signaling a favorable tone for a potential resolution.
What to Watch For Next
1. August 7, 2025: SEC internal vote.
2. Post-vote: If approved, SEC will file a formal motion to dismiss the appeal.
3. By August 15, 2025: Deadline for joint status update—a dismissal or extension must be filed by then.
The crux: while a vote is happening today, the legal tie isn't cut until SEC’s appeal is formally withdrawn in court.
