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Did SEC’s Closed-Door Meeting Mark the End of XRP Lawsuit? Judge Torres Steps Aside

  • Former SEC attorney Marc Fagel confirms Judge Torres has no further role in Ripple case; appeals now rest solely with SEC and Ripple.
  • Rumors suggest SEC may drop its appeal, but no official dismissal yet; both parties may soon drop appeals for final resolution.
  • Judge Torres has already issued a ruling finding Ripple in violation of securities law, with a $125 million penalty.
  • Expectations for the case resolution vary, with a possible faster resolution if both SEC and Ripple drop their appeals.

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