Ripple Vs. SEC: Lawyer Fred Rispoli Predicts XRP Lawsuit Resolution Within 60 Days—Is a Price Surge Imminent?

    Let's discuss the final steps in the Ripple SEC lawsuit. Lawyer Fred Rispoli predicts resolution within 60 days, countering delay speculation. What Does it Mean for XRP Price?

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    Updated Mar 29, 2025 6:28 PM GMT+0
    Ripple Vs. SEC: Lawyer Fred Rispoli Predicts XRP Lawsuit Resolution Within 60 Days—Is a Price Surge Imminent?

    Recent developments mark another twist in the Ripple Vs SEC legal battle. Rumors suggest the agency might delay official news on the Ripple lawsuit until August 7, perhaps awaiting a procedural action first. However, previously a lawyer at the commission, Marc Fagel dismissed these claims, labeling them incorrect and outdated. This speculation leaves many XRP supporters wondering about the timing of a definitive conclusion to the case and its potential impact on the XRP price.

    Lawyer Fred Rispoli predicts the dispute should conclude within approximately two months because both Ripple and the SEC recently dropped their appeals. However, uncertainty persists about the precise final actions needed to resolve the matter.

    Rejecting the August 7 Delay Rumors

    An online post recently asserted the SEC would delay comments on the Ripple lawsuit until August 7. This claim, which sparked considerable debate among crypto followers, referenced an older court document from last year. Consequently, many observers questioned its relevance to the ongoing situation. Legal experts like Marc Fagel firmly rejected the delay rumors, emphasising that no official postponement has been confirmed.

    Nevertheless, speculation continues because some feel the regulators might choose the timing for their final statement strategically. The delay theories gained popularity after the commission dropped its appeal and Ripple withdrew its cross-appeal. Although these moves indicate progress, the lack of an official statement has fueled further debate. Investors and analysts eagerly await clarity while tracking the situation.

    The SEC’s Final Steps Before an Official Announcement

    The commission has recently resolved several crypto lawsuits, such as those with Kraken and Consensys. However, the Ripple situation involves unique complexities. A primary procedural obstacle involves the injunction the agency initially placed on Ripple, which must be removed before the case can be resolved. Reporter Eleanor Terrett notes that the regulator likely needs Judge Analisa Torres’s approval to lift it, which will involve several bureaucratic steps.

    Before removing the injunction, the agency’s commissioners must vote on the ultimate resolution decision. Following their approval, necessary legal paperwork will be prepared and then presented to the court for examination. This might take several weeks, which explains why a final announcement has not been made yet. However, if everything proceeds as anticipated, the final agreement could arrive well before the rumored August date.

    Will the Ripple Lawsuit Finally End Within 60 Days?

    Lawyer Fred Rispoli forecasted the Ripple legal proceedings to conclude within approximately sixty days. He argues that the company has already prepared the necessary settlement documents for its part of the agreement. Therefore, the primary remaining action appears to be the SEC’s internal vote. If true, this implies a final confirmation might happen far sooner than the speculated August 7 date.

    Ripple’s extensive four-year legal fight has left the community anticipating a definitive conclusion. Recent settlement details suggest an end is approaching, with the firm paying a reduced penalty amount of $50 million and having the remainder returned. Although the SEC’s exact timeline remains uncertain, the broader crypto space hopes for an imminent resolution.

    The Road Ahead for Ripple and XRP

    As the Ripple Vs SEC lawsuit approaches resolution, its potential effects on the company and the broader cryptocurrency market are significant. A favorable outcome might reinforce Ripple’s standing within the financial technology landscape. It could also boost investor confidence, leading to an XRP price surge.

    The crypto industry is watching closely, awaiting the commission’s decision. The final conclusion, whether arriving soon or closer to the suggested August date, will influence cryptocurrency regulations in the U.S. Until then, investors will remain watchful, waiting for the latest XRP news.

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