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Home»Altcoins»XRP right case not arranged, explains former SEC Advocaat
Altcoins

XRP right case not arranged, explains former SEC Advocaat

2025-05-25No Comments2 Mins Read
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Ripple Legal Case News:Ripple Legal Case News:

There is now a lot of buzz in the crypto world about XRP. Many online speculation that the US Securities and Exchange Commission (SEC) could soon approve different XRP spot ETF applications. Large companies such as Bitwise, Grayscale, Franklin Templeton and 21Shares have submitted all their applications, and soon there will be some important decision -making data.

The first big date to view is June 17, 2025, when the SEC is expected to make a decision about the spot XRP ETF application from Franklin Templeton. Other decisions have also been drawn up – the Deadline of Grayscale was 21 May 2025 and BitWise is waiting for a decision on 25 May 2025. The crypto community keeps a close eye on these dates, because if one of these is approved, it can give a big push to the price and popularity of XRP.

At the same time, another rumor will do the rounds. Some people believe that the SEC and Ripple have quietly solved their long -term legal battle, and they just wait for the judge to approve it. But former SEC lawyer Marc Fagel has cleaned up things. He said that the judge actually rejected the request from both Ripple and the SEC.

It is not really arranged. The parties may have concluded an agreement, but the implementation of the settlement requires judicial action. And the court indicated that it would not just do what the parties asked without further briefing.

– Marc Fagel (@Marc_Fagel) May 24, 2025

According to Fagel, although both parties may have evaluated a deal, it is not yet official. The court wants them to explain why it should change the decision it had already made. He added: “It is not really arranged. The parties may have concluded an agreement, but the implementation of the settlement requires judicial action. And the court indicated that it would not be easy to do what the parties asked without further briefing.”

See also  White House will not veto FIT21, despite opposition from SEC Chairman Gary Gensler

In short -both the XRP ETF decisions and the Ripple right case are still in the air. Crypto fans must stay informed of the official updates in the coming weeks.

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XRP to be included in Bitwise’s first-ever $259 million tokenized fund, CEO speaks out

XRP to be included in Bitwise’s first-ever $259 million tokenized fund, CEO speaks out

XRP to be included in Bitwise’s first-ever $259 million tokenized fund, CEO speaks out

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