Rumors circulating in the crypto community suggest that the SEC will drop the lawsuit against Ripple Labs during Crypto Week.
Speculation arose from social media and crypto forums, fueled by an upcoming closed-door SEC meeting on July 10.
Former SEC lawyer Marc Fagel stated that an abrupt announcement by the SEC is unlikely, citing the time needed for settlements or rulings.
Coinpedia's fact check concludes that there is no credible evidence for the claim of the SEC ending the Ripple case during Crypto Week, as the legal process typically takes one to two months.