$XRP Eyes Clean Exit From Legal Battle!
The long-standing legal showdown between Ripple Labs and the U.S. SEC is approaching another critical moment. All eyes are on August 15, the deadline for a joint status update — and signs point to both sides dropping their appeals.
🧾 Here’s What’s Happening:
Ripple already announced it will drop its cross-appeal.
The community expects the SEC to follow suit — but nothing official… yet.
Former SEC attorney Marc Fagel says both sides are incentivized to drop the appeals now or at least inform the court they are in progress.
💥 Why It Matters:
This could mark the final chapter in the Ripple vs SEC saga. According to Fagel, dragging this case any longer means more delays, more court involvement, and zero benefit for either side.
In short: It’s time to move on.
💬 What About the Penalty?
Earlier, Ripple and the SEC requested an “indicative ruling” from Judge Torres that would
Lower Ripple’s fine from $125M ➡️ $50M
Remove the ban on XRP institutional sales
But when the judge rejected it, Ripple confirmed:
👉 They’re ready to move forward.
👉 $XRP is not a security, and that ruling still stands.
🚨 Will August 15 Be the End?
If both parties follow through, the August 15 filing could officially close the case. No more appeals. No more courtroom drama.
💥 Final chapter? Or one last twist?
We’ll find out soon.
💰 Stay ahead. Stay informed. Be Smart. Be Master. 💰
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