A recent exchange on social media between a prominent XRP supporter and former U.S. Securities and Exchange Commission (SEC) attorney Marc Fagel has drawn renewed attention to the status of the long-running case between the SEC and Ripple. The discussion focused on the progress of the litigation, particularly regarding Ripple’s countersuit, the role of SEC Commissioner Hester Peirce and Paul Atkins in the resolution process, and whether Judge Analisa Torres retains any influence in the proceedings. Fagel addressed each of these concerns in a direct reply that aimed to clarify ongoing misconceptions. The XRP supporter raised a three-part inquiry. First, he questioned when Ripple dropped its countersuit against the SEC. Second, he expressed concern about perceived delays in fully dismissing the case, attributing them to Paul Atkins, a former SEC commissioner who is now associated with pro-crypto efforts. Third, he speculated that Judge Analisa Torres, who had issued a landmark summary judgment ruling in 2023, might deliberately delay a final decision until the court-imposed August 15 deadline. In response, Marc Fagel addressed each point. He clarified first that “Ripple has not yet dropped its cross-appeal.” This statement confirms that the appeal process initiated by Ripple in response to the SEC’s partial appeal remains active. His answer highlights that the case has not yet reached full resolution from the standpoint of appellate procedures, meaning Ripple still has pending matters before the courts, and no withdrawal of its countersuit has been formally registered. 1) Ripple has not yet dropped its cross-appeal. 2) There is a standard process the SEC must follow to approve this, which can take several months. No foot dragging, just legal requirements. It will happen soon. 3) Judge Torres no longer has anything to do with the case. — Marc Fagel (@Marc_Fagel) August 3, 2025 SEC Dismissal Timeline Subject to Internal Procedures Second, Fagel stated, “There is a standard process the SEC must follow to approve this, which can take several months. No foot dragging, just legal requirements. It will happen soon.” With this, he rejected the notion that SEC officials or commissioners were intentionally delaying the conclusion of the case. He explained that the timeline is governed by procedural norms within the agency. These include the internal review and formal approval necessary to terminate enforcement actions, especially in a case of this magnitude. Fagel’s assertion suggests that delays, if any, are administrative and expected under standard regulatory practice. Judge Torres No Longer Involved in the Case Third, Fagel dismissed the claim that Judge Torres remains involved in the case, writing, “Judge Torres no longer has anything to do with the case.” This indicates that the matter has moved beyond her courtroom jurisdiction. Judge Torres had previously ruled in July 2023 that XRP was not a security when sold programmatically to the general public, a key outcome that significantly shaped the future of XRP in the U.S. market. However, with that phase of litigation concluded and pending issues moving into appeal or settlement channels, her role appears to have ended. We are on X, follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) June 15, 2025 Legal Procedures Continue Amid Speculation The commentary by Marc Fagel serves as a reminder that while public attention and investor sentiment may interpret inactivity as intentional delay, regulatory and judicial proceedings are bound by procedural norms. His remarks also reinforce that any remaining action in the Ripple case now lies primarily within the appeals framework or administrative settlement processing rather than within the Southern District Court presided over by Judge Torres. The broader context of the tweet includes references to political implications and potential alignment with national economic strategies. The XRP enthusiast’s original message included speculation about the timing of the SEC’s case resolution being beneficial to the U.S. economy or President Trump’s administration. However, Fagel’s replies were limited strictly to the legal and procedural dimensions of the case and did not address political conjectures. As of August 4, 2025, Ripple’s countersuit remains active, and the SEC is following an internal approval process to finalize its side of the case. Judge Torres no longer has a judicial role in the matter, and the final stages now depend on the outcome of appellate and administrative steps. Investors awaiting clarity should remain aware that regulatory closure may not follow political timelines or public speculation, but rather formal legal pathways as outlined by those with direct knowledge of the process. Disclaimer : This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are advised to conduct thorough research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses. Follow us on X , Facebook , Telegram , and Google News The post Ripple (XRP) vs SEC Case Update As of August 4, 2025 appeared first on Times Tabloid .
