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Ripple Lawsuit At An End? Here’s A Recap Of What Was Discussed At The Closed SEC On July 10

  • Speculations about the US SEC dropping the Ripple lawsuit following a closed-door meeting on July 10 have not materialized.
  • Former SEC lawyer Marc Fagel indicated that the Commission did not discuss the Ripple lawsuit during the meeting, focusing instead on other matters like institution and settlement of actions.
  • The SEC has yet to decide on dropping the appeal in the Ripple lawsuit, with the process expected to take a few weeks or more once approved.
  • If both parties agree to dismiss their respective appeals, it could bring an end to the years-long legal battle in the Ripple lawsuit.

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