Ripple (XRP) Case: Ex-SEC Lawyer Clarifies July 17 Rumors, Predicts When SEC Would Decide

Amid heightened anticipation surrounding the ongoing legal battle between Ripple Labs and the U.S. Securities and Exchange Commission (SEC), a respected former SEC official has stepped in to clarify growing speculation over a potential July 17 decision. Marc Fagel, a former SEC Regional Director and prominent legal analyst, addressed rumors suggesting that the Commission might vote to drop its appeal against Ripple during its upcoming closed meeting on Thursday, July 17. Taking to X, Fagel firmly dismissed the notion that anyone outside the SEC could know the contents or outcome of these meetings in advance. “The SEC holds a closed meeting every Thursday,” Fagel wrote. “The agenda is confidential, and anyone claiming to know what’s on it is making it up. There’s no doubt the SEC will be voting to dismiss the Ripple appeal in the coming weeks, but nobody outside the SEC knows exactly when.” Reminder: The SEC holds a closed meeting every Thursday. The agenda is confidential, and anyone claiming to know what’s on it is making it up. There’s no doubt the SEC will be voting to dismiss the Ripple appeal in the coming weeks, but nobody outside the SEC knows exactly when. — Marc Fagel (@Marc_Fagel) July 15, 2025 Rising Hopes and Lingering Speculation In recent weeks, the XRP community has latched onto a series of potential decision dates, particularly July 3 and July 10 , two Thursdays when the SEC held its regular closed-door meetings. Each time, hopes were high that the Commission might vote on dismissing its long-standing appeal. But no announcement followed, and the silence only fueled more speculation around July 17 as the next likely window. Fagel’s comments bring an important perspective to the situation. The SEC’s closed meetings are held weekly to deliberate on confidential matters, including enforcement actions, litigation strategies, and regulatory updates. The agendas are not made public, nor are decisions disclosed immediately, unless and until formal action is taken and announced. This makes any prediction about specific votes purely speculative. The Current Legal Landscape The Ripple-SEC case reached a critical point in late June. On June 26, 2025, U.S. District Judge Analisa Torres rejected a proposed joint settlement that would have officially closed the case. The next day, Ripple CEO Brad Garlinghouse announced that the company would no longer pursue its counter-appeal. With Ripple stepping back, the spotlight turned to the SEC, which is now expected to drop its appeal as well. We are on twitter, follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) July 15, 2023 Although no official action has yet been announced, Fagel reiterated that the Commission will likely vote to dismiss its appeal soon . However, he stressed that the timing of such a vote remains known only to SEC insiders. Waiting for Finality With the case dragging into its fourth year, XRP investors and the broader crypto industry are eager for a resolution. Yet Fagel’s insights serve as a timely reminder that the wheels of regulatory action often turn quietly behind closed doors. The outcome may be within reach, but the exact moment of decision remains uncertain. For now, the XRP community continues to watch and wait, hopeful that the SEC’s long-running case will soon be brought to an official close. Disclaimer : This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are urged to do in-depth research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses. Follow us on Twitter , Facebook , Telegram , and Google News The post Ripple (XRP) Case: Ex-SEC Lawyer Clarifies July 17 Rumors, Predicts When SEC Would Decide appeared first on Times Tabloid .

Source: TimesTabloid