XRP News Today: Ripple Near Legal Closure as SEC Dismissal Looms Before August 15 Deadline

The long-standing legal dispute between Ripple and the U.S. Securities and Exchange Commission (SEC) appears to be moving closer to a resolution, with the dismissal of appeals becoming increasingly likely before the August 15, 2025 deadline. Legal analyst Bill Morgan has clarified that Judge Analisa Torres has completed her role in the case, and the current impasse hinges on the SEC formally withdrawing its appeal. Ripple has already indicated its intent to dismiss its cross-appeal and deposited $125 million into escrow, a step necessary to satisfy any potential penalties [3].

According to Morgan, the appeal process cannot be finalized unilaterally, and the final steps require the SEC to vote on dismissing its own appeal. Once that occurs, both parties can proceed to formally dismiss the case [2]. Former SEC enforcement attorney Marc Fagel has also suggested that the agency is expected to file its dismissal before August 15, though he emphasized that this is not a hard deadline. The August 15 date refers to a status update filing requirement rather than a binding resolution date [1].

The potential dismissal of the case would mark a significant turning point in the regulatory treatment of cryptocurrencies in the U.S. Judge Torres’ 2023 ruling, which determined that programmatic sales of XRP are not securities, has already had a profound impact on the legal interpretation of digital tokens. A final dismissal would cement this precedent and provide much-needed clarity for the broader crypto industry [3].

Beyond the XRP lawsuit, Ripple has actively engaged with U.S. lawmakers, particularly the Senate Banking Committee, on proposed legislation related to crypto market structure. The company has called for clearer jurisdictional boundaries between the SEC and the Commodity Futures Trading Commission (CFTC), arguing for a framework that excludes well-established tokens like XRP from SEC oversight. Ripple has also proposed the inclusion of the concept of “auxiliary assets” to address existing regulatory ambiguities [4].

Market participants have been closely monitoring the legal developments, with XRP trading around the $3.045 level as of the latest reports. Analysts have offered varying price forecasts depending on the regulatory outcome, with some predicting a potential rise to between $2.50 and $5.00 in 2025. More optimistic forecasts even suggest a possible climb to $10, contingent on a favorable legal resolution and increased institutional adoption [5].

Despite the growing expectation of a dismissal, no official filing has yet occurred, and legal experts caution that nothing should be assumed until the formal steps are taken. Ripple CEO Brad Garlinghouse has been under pressure to provide more transparency regarding the timeline for withdrawing the countersuit, with both XRP supporters and institutional investors eagerly awaiting clarity [6].

As the August 15 deadline looms, the market remains cautiously optimistic that a resolution is imminent. A dismissal would bring an end to a prolonged legal battle and potentially pave the way for a more predictable regulatory environment for crypto innovation in the U.S. Investors and industry observers continue to watch closely, hoping for a conclusion that will finally lift the legal uncertainty surrounding Ripple and enable the company to continue its role in shaping the future of digital finance [7].

Source:

[1] Ripple-SEC Lawsuit News: Ripple Inches Toward Final Verdict as August 15 Deadline Looms and New XRP Price Prediction Emerges, Brave New Coin, https://bravenewcoin.com/insights/ripple-sec-lawsuit-news-ripple-inches-toward-final-verdict-as-august-15-deadline-looms-and-new-xrp-price-prediction-emerges

[2] XRP News Today: Ripple vs. SEC Case Awaits Key Decision, XRP Whales Accumulate Holdings, AInvest, https://www.ainvest.com/news/xrp-news-today-ripple-sec-case-awaits-key-decision-xrp-whales-accumulate-holdings-2508/

[3] XRP Lawsuit: Ex-SEC Lawyer Reveals If Ripple Has Already Paid the $125 Million Fine, Coinpedia, https://coinpedia.org/news/xrp-lawsuit-ex-sec-lawyer-reveals-if-ripple-has-already-paid-the-125-million-fine/

[4] Ripple Criticizes Draft Crypto Bill for Expanding SEC Oversight on Tokens, CoinCentral, https://coincentral.com/ripple-criticizes-draft-crypto-bill-for-expanding-sec-oversight-on-tokens/

[5] XRP News Today: Ripple Nears Legal Closure as SEC Dismissal Looms, AInvest, https://www.ainvest.com/news/xrp-news-today-ripple-nears-legal-closure-sec-dismissal-looms-august-15-2508/

[6] Ripple Appeal With SEC Remains Open Pending Joint Legal Dismissal, CoinCentral, https://coincentral.com/ripple-appeal-with-sec-remains-open-pending-joint-legal-dismissal/

[7] XRP Holds $3 Level as Focus Shifts to SEC Ending Ripple Lawsuit, MEXC, https://www.mexc.com/news/ripple-price-forecast-xrp-holds-3-level-as-focus-shifts-to-sec-ending-ripple-lawsuit/63851