XRP News Today: Ripple Legal Battle Nears End as SEC Completes Final Steps

Ripple’s long-standing legal battle with the U.S. Securities and Exchange Commission continues to move toward resolution, with recent updates from former SEC attorney Marc Fagel offering clarity on the status of the case. Fagel confirmed that Ripple has not yet dropped its cross-appeal and that the SEC must still complete internal procedures before a dismissal can be finalized. These steps, including a formal review and vote, are expected to take several months to conclude [1].

Fagel emphasized that the delays in the legal process are not strategic or politically motivated, but rather the result of standard regulatory requirements. Both Ripple and the SEC are preparing to file the necessary documents to close the case. Once completed, the $125 million settlement, already paid and placed in escrow, will be transferred to the U.S. Treasury [2].

Judge Analisa Torres, who previously presided over major rulings in the case, including the 2023 decision that institutional sales of XRP were securities while programmatic sales were not, no longer has any involvement as the case enters its final administrative stage [3]. This procedural shift has helped dispel concerns that the timeline was being manipulated for external influence.

The legal outcome could set a regulatory precedent for digital assets, potentially reinforcing traditional securities frameworks or expanding exemptions for utility tokens [4]. Ripple CEO Brad Garlinghouse has indicated that the company is moving to drop its cross-appeal, while the SEC appears to be finalizing its arguments [5]. Legal analysts suggest that the court’s prior ruling against direct institutional sales may prompt the SEC to seek judicial reconsideration, though this remains speculative [6].

As the litigation nears its next procedural milestone, XRP has shown resilience in the market, particularly following the determination that it is not a security in programmatic sales. Analysts have highlighted the token’s recent recovery and institutional adoption as positive indicators [5]. However, the broader market remains sensitive to regulatory developments, with investors closely watching for any signals that might influence sentiment or the future of XRP.

Market participants continue to call for clearer crypto regulations that balance innovation with investor protection. The resolution of Ripple’s case could provide a much-needed framework for the classification and regulation of digital assets in the U.S. [1].

The final steps in the legal process are expected to be completed in the coming weeks, with the official dismissal of the case pending the fulfillment of required court filings [2]. As both sides prepare to move forward, the focus remains on how this landmark case will shape the future of digital asset regulation.

Source:

[1] XRP News Today: SEC Race to Respond in Landmark XRP Securities Lawsuit Against Ripple Labs – AInvest (https://www.ainvest.com/news/xrp-news-today-sec-race-respond-landmark-xrp-legal-battle-nears-deadline-2508/)

[2] Ripple vs SEC Could End on August 15 – Coindoo (https://coindoo.com/ripple-vs-sec-could-end-on-august-15-what-xrp-holders-should-know/)

[3] SEC v Ripple: SEC Has Just Days Left to Respond on XRP Case – Bitget (https://www.bitget.com/news/detail/12560604893821)

[4] The U.S. Securities and Exchange Commission (https://coinmarketcap.com/community/articles/68908a6b995da309bf62e120/)

[5] XRP Is the Best $500 Investment in Crypto Today – The (https://thecryptobasic.com/2025/08/04/xrp-is-the-smartest-crypto-to-buy-with-500-right-now-american-newspaper-usa-today/)

[6] Not So Fast. Ripple's Legal Woes Aren't Quite Over – AOL.com (https://www.aol.com/finance/not-fast-ripples-legal-woes-082000613.html)