#MarketPullback #xrp 🪙

The post XRP Lawsuit News: Ex-SEC Attorney Reveals Ripple Discussed Weekly, Predicts Possible Appeal Dismissal appeared first on Coinpedia Fintech News

There are rumors that Ripple and the SEC will have a closed meeting, which could lead to a significant development in the XRP case. Speculation suggests that the meeting could result in the case being closed or dropped altogether, with responses expected soon.

One user reacted to this, praising the XRP community for their unwavering perseverance. Despite being proven wrong many times, the community continues to stay positive and hopeful, attending each month for updates.

Former SEC attorney Marc Fagel weighed in, saying that he has attended hundreds of these meetings, and Ripple has been a topic of discussion in almost all of them.

He wrote on X,

“I started attending in the late 1990s, and they were already talking about settling with Ripple. It’s always been a highlight of the weekly meeting.”

Fagel thinks the SEC will continue on its current path for now, filing the opening brief as planned. He also noted that the new SEC chair could take some time to be confirmed, and it’s possible they could vote to dismiss the appeal. While it’s an unusual step, Fagel thinks it’s a possibility if the right people are in charge.

I think they will continue on the current path (i.e. filing the opening brief as scheduled) for now. It will take time to confirm the new chair. Does the new SEC then vote to dismiss the appeal? Maybe. It’s highly unprecedented, but I can see Atkins/Peirce/Uyeda taking that step.

— Marc Fagel (@Marc_Fagel) December 20, 2024