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Ripple and the U.S. Securities and Exchange Commission (SEC) face an ongoing legal dispute that continues to spark new speculation regarding their settlement process. Social media rumors indicated that the SEC planned to disclose its rulings on the XRP lawsuit on August 7, 2025. A community member posted the initial claim to social media, referencing an outdated court document that confused XRP supporters. The legal community rejected the notion as outdated after it gained initial public approval.
Former SEC lawyer Marc Fagel publicly refuted the August 7 delay claim calling it "stupid and wrong." This swift dismissal has cast doubt on the validity of the speculation, and legal professionals are urging caution regarding the timing of the lawsuit's resolution. According to Fagel, the timeline for the SEC's final decision remains uncertain, but it is unlikely to stretch as far as suggested.
Recent progress in the case's development is the main cause of speculative activity. Ripple has gained control over its former cross-appeal after the SEC no longer seeks to appease legal challenges. The forthcoming actions indicate that each party is preparing for an official settlement. In recent weeks, the SEC released multiple dismissals of its cryptocurrency lawsuits, indicating that the Ripple case might end fast.
However, the situation remains complex due to ongoing factors. According to the SEC-imposed injunction, the lawsuit cannot reach final closure until the injunction is removed first. Legal experts note that the SEC needs Judge Analisa Torres to approve lifting the current injunction. The SEC needs to obtain approval from all its commissioners after they conduct a vote to finalize the settlement agreement. The organizational procedures could lead to delays in settling yet many shareholders expect it to finalize shortly.
Despite current legal unease about the case, a group of experts anticipates a fast resolution compared to timelines past experts expected. Attorney Fred Rispoli believes the pending settlement of the Ripple lawsuit could happen within the following sixty days. Rispoli suggests that Ripple has finalized its settlement documents, but the ultimate conclusion depends on SEC commissioner approval.
The current forecast for settlement stands in opposition to the August 7 delay speculation, which indicates that the agreement might surface much earlier than anticipated. The legal team at Ripple has prepared documents for launching negotiations after the SEC completes its internal procedures. Reports about Rispoli's timeline indicate the SEC's information clearance process will end within upcoming weeks leading to the termination of the legal dispute between Ripple and the broader cryptocurrency market.
