XRP News Today: Ripple vs SEC Case Nears Deadline as August 15 Response Looms

The ongoing legal battle between Ripple and the U.S. Securities and Exchange Commission (SEC) continues to progress through procedural steps, with key developments emerging in late July and early August 2025. A recent exchange between Marc Fagel, a former SEC attorney, and an XRP supporter has clarified several aspects of the case, particularly regarding the status of Ripple’s cross-appeal, the internal SEC approval process, and the role of Judge Analisa Torres.

According to Fagel, Ripple has not yet dropped its cross-appeal, indicating that the appeal process initiated in response to the SEC’s partial appeal is still active [1]. The former SEC attorney emphasized that the timeline for finalizing the case is governed by internal regulatory procedures, which require several months for formal review and approval [2]. This process is not driven by political or external pressures but rather by standard legal requirements. Fagel also addressed speculation that Judge Torres, who had ruled in July 2023 that XRP sold programmatically to the general public was not a security, was deliberately delaying the final decision. He clarified that she no longer has any involvement in the case, as the matter has moved beyond her jurisdiction [3].

The legal process is now in its final administrative phase, with both parties preparing necessary documentation for filing. A key deadline of August 15, 2025, has been highlighted, as the SEC is expected to respond to the appellate court, even though a formal withdrawal of its appeal is not legally required [4]. Once the internal procedures are completed, the $125 million settlement, already in escrow, will be transferred to the U.S. Treasury [2].

Legal observers suggest that the resolution of this case could set a regulatory precedent for digital assets, potentially influencing whether utility tokens are exempt from securities classification under U.S. law [5]. Ripple CEO Brad Garlinghouse has indicated the company is preparing to drop its cross-appeal, while the SEC finalizes its arguments [5]. Analysts remain cautious about potential judicial reconsideration of earlier rulings, though this remains speculative [6].

As the case approaches its conclusion, market participants remain attentive to how the outcome will shape the broader regulatory landscape for digital assets in the U.S. XRP has shown resilience in the market, with growing institutional interest observed in recent months. However, the broader crypto market remains sensitive to regulatory signals, with investors closely monitoring developments in the Ripple vs. SEC case for potential impacts on sentiment and price movements.

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)