🧠 Ripple ($XRP ) vs

SEC: Could August 15 Be the Final Chapter?

The legal clash between Ripple Labs and the U.S. SEC might finally be nearing its end. As the August 15 court deadline approaches, both sides are expected to file a joint status update—a key move that could confirm if remaining appeals are being dropped.

🔥 Former SEC attorney Marc Fagel shared on X (Twitter) that there's strong incentive for both Ripple and the SEC to wrap up the case now—either by formally dismissing their appeals or notifying the court that they're in the process of doing so.

💬 What’s at Stake?

If both sides proceed to drop appeals, it could signal the closing of a multi-year legal drama. Ripple already announced in June that it’s dropping its cross-appeal. The crypto community now waits to see if the SEC follows through as well.

💥 Case-Wrapping Signals

Earlier, Judge Annalisa Torres rejected Ripple and SEC’s joint request to lower the penalty and remove $XRP sales restrictions. Despite that, Ripple seems ready to move forward, holding onto the major win that XRP is not classified as a security.

🚨 If all goes according to plan, August 15 could mark the official closure of this long-standing lawsuit. For XRP holders and crypto watchers, this date could be historic.

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🔔 Stay tuned for updates.

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