đš Ripple vs SEC: Not Over Yet đ
Many thought Rippleâs decision not to appeal was the endgame... but turns out, the legal saga continues. đ€Ż
Yes, $XRP briefly pumped +5% đ on the news â but that optimism faded as reality set in: the SEC still hasnât officially dropped its appeal. And according to former SEC attorney Marc Fagel, this isnât a one-click process.
Hereâs whatâs going on:
âïž SEC must vote internally to dismiss the case
đ Then, both parties must submit paperwork
âł Only after that does the courtâs decision kick in
Realistically? Weâre looking at several more weeks before clarity. đ€
đ„ But hereâs what the communityâs watching:
On July 3, the SEC has a closed-door meeting listed for âcase resolutions.â Could this be it? Maybe. But insiders say these meetings are routine, so donât get too hyped.
đŹ Bottom line: Legal uncertainty remains. But if the case is fully dismissed, it could trigger a major sentiment shift for $XRP.
Until then â eyes on July 3. đ