The Ripple VS SEC condition contains the edge of their seats on the edge of their seats, pending its decision. While many people wonder what affects the case, former SEC lawyer Mark Vagil assumes that the case is progressing on the specified date without any unexpected delay. Is the issue on the right path for a quick decision?
SEC lawyer reveals a predictable XRP suit
With the absence of significant developments in the Ripple VS SEC lawsuit to close the XRP community, the XRP community is left with many unanswered questions. Thinking about the alleged delay of the court in approval of Ripple and the joint suggestion of SEC to reject the case, a member of the community assumes that Judge Torres is actually holding the case. The X user attributes the delay in the settlement to the procedural requirements of the judge, adding that the court needs time to process procedures.
In response to this comment, former SEC lawyer Mark Vagil assumed that “no one holds the case.” in X postFagel shared visions about the ongoing XRP suit, with a highlight of its smooth progress.
His previous statement was repeated that Judge Torres has no other role in the Ripple VS SEC case, and Faljal confirmed that she does not keep the lawsuit. He also emphasized that the Supreme Education Council does not deliberately delay the case, instead after the standard final procedures, which expects to take 1-2 months after the vote. Read his statement,
No one is holding the case. The judge is not (there is nothing for her to decide), and not the Supreme Education Council (who has a record procedure to follow up, and will refuse to appeal as soon as the vote is made, a process that usually takes 1-2 months).
The following steps concerned
Interestingly, Mark Vagil made clarity on SEC potential steps in XRP suit several times. Unlike speculation that Ripple has officially dropped her appeal against the Supreme Education Council, Mark Faljal explained that no deposit has yet been submitted. He also added that Ripple and SEC are expected to refuse to appeal, but it may take a month or two for official procedures.
Vagbeel has argued by strengthening his position, through his recent participation, that the case is now in a direct stage where the two parties may refuse to resume them soon, as there is nothing suspended before the judge. He pointed out: “Therefore, there is nothing suspended in front of the judge. He is now in the hands of the parties to simply refuse their appeals, which they will do soon.”
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Their hands
NYNU V Jamal is a great journalist in Coingape. It is proud of more than 3 years of experience in writing content, with experience in Crypto and Blockchain. It has contributed to platforms such as Comeption and Cryptotale, which indicates its efficiency in the movement of dynamic encryption. In addition to its press endeavors, NYNU is a literary enthusiastic, as she worked as an assistant professor in English and literature. She is a master’s degree holder in English literature and UGC net qualifiers. Her academic background enabled her to publish research papers on literature, while caring for her creative aspect as a published poet. Its creative side extends to music, crafts and art, which she actively explores. Its unique mixture of analytical and creative skills allows it to formulate attractive stories that capture the masses. Stay up update with Nynu on LinkedIn
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2025-07-14 05:35:00
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