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The legal battle between Ripple and the Securities and Exchange Commission (SEC) has been a focal point for many in the cryptocurrency community. Recent clarifications from legal experts have shed light on the timeline for a potential ruling in this high-stakes case. Contrary to some rumors, the case is not delayed until August 15. Instead, District Court Judge Analisa Torres has the discretion to rule on the pending motion at any time, whether that be in hours, days, weeks, or even months or years.
Legal experts have indicated that Judge Torres could issue a decision within days, despite a recent request by the SEC to extend the abeyance of the appeal. This request for an extension was made by the SEC, but it does not necessarily mean that the judge will grant it. The judge's decision could come at any moment, and the community is eagerly awaiting the outcome.
The case has seen several significant developments. In July 2023, Judge Torres issued a summary judgment that marked a partial victory for Ripple. The ruling stated that XRP sold via exchanges and algorithms did not constitute securities. This decision has been seen as a crucial step in the ongoing legal battle, but it is not the final word. The case is still ongoing, and the final ruling could have far-reaching implications for the cryptocurrency industry.
Legal experts have also clarified that the ruling is not delayed and that a decision could come at any time. This has led to a sense of optimism within the community, as many believe that a ruling in favor of Ripple could have a significant impact on the future of cryptocurrencies. The case has been closely watched by industry participants, and the outcome could set a precedent for how cryptocurrencies are regulated in the future.
The legal battle between Ripple and the SEC has been a contentious one, with both sides presenting their arguments in court. The SEC has argued that XRP is a security and should be regulated as such, while Ripple has maintained that XRP is a currency and should not be subject to the same regulations as securities. The outcome of the case could have significant implications for the cryptocurrency industry, as it could set a precedent for how other cryptocurrencies are regulated in the future.
Crypto users have expressed disappointment with the delays in the Ripple vs. SEC case. A user highlighted her frustration over the ongoing delays in concluding the protracted case between Ripple and the SEC. The user compared developments in the US with Canada, which approved two spot ETFs on June 18, 2025. According to the user, Canada’s recent spot ETF approval will attract between $200 million and $300 million into XRP while the US delays approval. The crypto user expressed disappointment at how the XRP saga has unfolded in the US, the technology’s home. She considers the delays unnecessary despite the narrative that developments around XRP, Ripple, the SEC, and the court are “setting up the dominoes” and projecting a significant outcome when the court finally decides on the case.
In the meantime, it is crucial to note that many cryptocurrency stakeholders consider the pending court ruling on the case between Ripple and the SEC a significant event in the crypto industry. Several asset management companies have filed for spot XRP ETFs and are hoping for an outcome that will favor the approval of their applications. Approving those ETF filings could mark a notable event in the cryptocurrency industry because of the expected funds’ inflow into the XRP ecosystem and its potential effect on the altcoin’s demand. For instance, last Monday’s spot ETF approvals in Canada caused XRP to surge 8.69% before economic data from the US triggered a crypto market pullback that caused the price to drop below Monday’s open.

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