This report is considered a critical step toward the official closure of the case. Once the court approves the report, the lawsuit will be formally concluded. The case, which began four years ago, targeted Ripple and its executives over $1.2 billion in XRP sales. The SEC argued that XRP was a security, impacting the token’s market price. 

#XRPCommunity #SECGov v. #Ripple #XRP The @SECgov has filed a status report with the Court of Appeals noting that the parties have filed a Joint Stipulation of Dismissal of the appeals and that the stipulation remains pending and therefore awaiting approval by the Court. pic.twitter.com/X74wFRhswq

— James K. Filan (@FilanLaw) August 15, 2025

Process Following the Joint Denial of Appeals 

On August 7, Ripple and the SEC jointly withdrew their appeal requests. This step is seen as an indication that the case is almost over. Ripple retracted its cross-appeal, followed by the SEC withdrawing its own appeals. Under the settlement, Ripple will pay $125 million, much lower than the initial $2 billion. 

Certain restrictions on future institutional XRP sales will remain. SEC Chair Paul Atkins stated that this is a milestone for U.S. crypto regulation. A crypto community member, Sherrie, noted that the status report was submitted late. The court needed the report because it had not formally approved the joint withdrawal. This allows Ripple to continue operations while exercising its waiver rights. 

The XRP case has long been closely monitored by the crypto market. The rejection of appeals and the SEC’s status report signal the official closure of the case. Ripple will now operate within a legal framework for institutional sales and fulfill registration requirements. As a result, XRP investors continue to closely follow the case’s conclusion. 

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In a detailed post on social media platform X, Fagel explained that internal SEC procedures, rather than any ongoing negotiations, are behind the delay. According to him, drafting action memos, reviewing them through internal divisions, and scheduling commissioner votes are standard steps that take time. “That’s not the cause for delay,” he wrote, dismissing speculations of secret talks between Ripple and the SEC. 

SEC’s Bureaucratic Process Slows Ripple Lawsuit 

Fagel made it clear that the delay stems from bureaucratic obligations. The process begins with preparing an action memo, which then must be reviewed by relevant departments. Only after this review can it be placed on the calendar for a commissioner vote. This sequence, he noted, may take 1 to 2 months. 

Following the closed-door meeting on July 3, the community expected significant progress. However, no decision came out of the July 17 session either. Fagel emphasized that these meetings are routine weekly events with no direct link to the Ripple case. 

He also debunked rumors blaming Judge Torres or the SEC for intentionally stalling the process. “Nobody is holding up the case,” he said. Furthermore, he clarified that Ripple’s $125 million fine was paid in cash, not in XRP, and this does not signal the end of the case. The final resolution still depends on the SEC’s appeal status. 

Hope for a Quick Settlement Might Be Premature 

Despite Ripple dropping its appeal, which sparked hope for a swift resolution, Fagel remains skeptical. He warned the community against believing anyone claiming to know the exact timing, reiterating that no one truly knows when a settlement vote will be scheduled. 

In summary, the delay in the Ripple vs SEC case is not due to reluctance or negotiation tactics but rather the standard operational timeline within the SEC. The XRP community continues to wait for clarity, but expectations of a quick conclusion may be overly optimistic. 

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The post Why Is the Ripple vs SEC Settlement Still Delayed? appeared first on Coin Engineer.

Trump’s Post Sparked Excitement Among XRP Investors

U.S. President Donald Trump shared an article about Ripple on Truth Social. Although the post aimed to highlight positive developments in the business world during Trump’s presidency, it sparked significant excitement among XRP investors.

The article, published by CoinDesk in January, featured comments from Ripple CEO Brad Garlinghouse. Garlinghouse stated that following Trump’s election victory, business deals in the U.S. had increased, hiring had accelerated, and XRP had gained value.

Trump’s post received thousands of likes and retweets, with most comments coming from XRP investors, who shared their excitement.

Trump’s Post Didn’t Affect Ripple Price, DOGE SEC Investigation Developments

Following Trump’s post, no significant change was observed in Ripple’s price. The third-largest cryptocurrency by market cap continues to trade above $2.56.

Meanwhile, another development that could directly affect XRP has emerged. The DOGE organization, led by Elon Musk, initiated a lawsuit against Ripple and began investigating the Securities and Exchange Commission (SEC). DOGE requested that findings related to corruption and misconduct at the SEC be shared with them. This investigation is believed to potentially yield positive results for Ripple.

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The post Donald Trump Shared About XRP, Price Triggered! appeared first on Coin Engineer.