SEC’s XRP Lawsuit Appeal Dismissal Could Drag On for Weeks—Here’s Why It Matters

The SEC's desperate attempt to salvage its crumbling case against XRP just hit another roadblock—and the crypto market is loving it.

Former officials reveal the agency's appeal could take weeks to resolve, leaving Ripple's legal victory unchallenged. Meanwhile, traders are piling back into XRP as regulatory uncertainty fades.

Wall Street's regulatory gatekeepers? More like paper tigers when confronted with actual blockchain innovation. The SEC's losing streak continues while crypto marches forward—with or without their blessing.

TLDR

• The XRP lawsuit remains open as the SEC has not yet voted to dismiss its appeal.
• Ripple has already withdrawn its appeal, but the final court order cannot take effect until both sides complete formal steps.
• Former SEC attorney Marc Fagel stated the dismissal process may take several weeks or more, depending on court and agency schedules.
• A July 3 SEC meeting sparked speculation, but experts confirm it is a routine session with no direct link to the XRP lawsuit.
• The legal process continues with no confirmed timeline for resolution as stakeholders await the SEC’s official action.

The XRP lawsuit continues to progress, with the final resolution still uncertain despite Ripple withdrawing its appeal. Legal developments remain slow as both Ripple and the SEC await the next steps in the formal dismissal process. The SEC’s pending appeal dismissal plays a critical role in finalizing the long-running XRP lawsuit.

SEC Delay Keeps XRP Lawsuit Open

Ripple has withdrawn its appeal, but the SEC has not yet formally voted to dismiss its own. This delay extends the XRP lawsuit, leaving the final court order unenforceable until both appeals are officially dismissed. The SEC’s internal voting process can take weeks, depending on scheduling and procedural formalities.

Former SEC attorney Marc Fagel explained that after the SEC votes, both parties must file paperwork to conclude their appeals. Only then will the district court’s decision become enforceable, allowing the XRP lawsuit to close officially. Therefore, without these steps completed, the case remains technically open.

SEC likely still needs to vote to dismiss appeal. Then the parties need to submit papers dismissing their respective appeals, after which the district court's order goes into effect. Could take several weeks or more; but could possibly be expedited. No set timeframe.

— Marc Fagel (@Marc_Fagel) July 1, 2025

Fagel stated that there is no set deadline for these actions, and the timing could stretch further depending on court schedules. While the process might MOVE quickly, the current signals suggest it will likely continue for several weeks. As a result, stakeholders in the Ripple lawsuit may need to wait longer for a confirmed resolution.

Speculation Rises Around July 3 SEC Meeting

A private SEC meeting scheduled for July 3 has drawn attention due to its timing and the ongoing XRP lawsuit. The meeting agenda includes reviewing legal matters, raising speculation that a decision on Ripple may be discussed. However, legal experts say this meeting is part of the SEC’s routine internal calendar.

Marc Fagel emphasized that these meetings happen weekly and often include a variety of case reviews. He added that the scheduled session does not automatically indicate any action regarding the XRP lawsuit. Therefore, the legal community views this meeting as procedural rather than directly tied to Ripple’s case.

Despite public hopes for resolution around the meeting date, there is no confirmed plan to finalize the XRP lawsuit then. Without formal votes and submissions, the process cannot legally end. Consequently, the timeline remains fluid, with no guarantee of settlement this week.

Settlement Process Faces Ongoing Delays

The XRP lawsuit has already experienced multiple delays and remains subject to further legal procedures. Each step in the dismissal process carries administrative requirements, including approvals and filings, which must be completed before the final court order takes effect.

So far, Ripple’s appeal withdrawal has not accelerated the SEC’s response or timeline. The appeal dismissal must proceed through a structured path, regardless of external expectations. For now, the Ripple lawsuit remains open, with no official date for closure.