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- XRP lawsuit enters final phase as SEC lifts its appeals, fueling speculation on possible settlement or prolonged delays.
- Ripple’s legal chief announced settlement paperwork completion, waiting SEC Commission vote before removing ongoing injunction against XRP operations.
According to Stuart Alderoty, Ripple’s head lawyer, all settlement documents are prepared. The SEC Commission must now hold an internal vote to proceed. If that vote goes through as expected, the agency will take steps to remove the injunction preventing Ripple from full operations in the United States. Judge Analisa Torres would then finalize the process, marking the end of a lawsuit that has spanned years.
Despite these developments, an XRP follower pointed to what he said was proof that the SEC will not announce any decision before August 7. He referenced a legal document that he claimed tied the Commission’s hands until that date. Some observers doubt the accuracy of that statement, especially since a former SEC attorney quickly dismissed the claim.
Lawyer dropping by to say: this is stupid and wrong. You’re welcome!
— Marc Fagel (@Marc_Fagel) March 28, 2025
Traders remain divided on whether the extra wait is real or merely another rumor. Investors believe the SEC might have already agreed to let Ripple proceed without further obstacles, suggesting that delays are due to internal protocols rather than new objections. Others, however, fear that lingering regulatory issues could surface, dragging the case on longer than anticipated.
Journalist Eleanor Terrett provided another angle by suggesting the SEC may ask Judge Torres to remove the injunction in a different way than in past cases. This possibility hints that the agency wants to handle this enforcement action carefully, possibly to avoid setting an example that could weaken its stance in future matters.
No @Ripple here but I’m not entirely surprised because, again, it is slightly different to these other cases in that (as @s_alderoty mentioned in his post) the SEC now has to go to the Southern District and ask Judge Torres to lift the standard injunction. Once that is done, they… https://t.co/KVjCsR6l2V
— Eleanor Terrett (@EleanorTerrett) March 27, 2025
For now, XRP holders watch for any formal updates from the SEC. Many hope the final resolution will arrive soon, giving Ripple a clear path to expand without legal hurdles. Yet the mention of an August 7 deadline has introduced fresh anxiety, prompting questions about whether more surprises lie ahead.
