Long -term legal battle between Ripple and US Securities and Exchantits (SEC) approach the last chapter. With both sides dropping their calls, attention now turns to what comes next. However, a new claim from a member of the XRP community indicates that SEC will not issue any official announcement of the case until August 7, raising questions about a possible delay.
Is a settlement really happening?
The Legal Ripple President, Stuart Alderoty, has alluded that all paper works needed for The settlement is already Prepared. However, the next step lies in the hands of the Supreme Education Council Committee, which is expected to vote on the matter in the next thirty days.
Once the vote is completed, SEC will move to raise the imposed dysentery on Ripple. If Ripple corresponds to this process, Judge Analisa Torres will register the exit from the proposal, and officially close the case.
Will the Supreme Education Council remain silent until August 7?
Add more fuel to speculation, a supporter of XRP named Brett recently submitted a bold demand for social media. He stated that the Securities and Stock Exchange Commission will not issue any official announcement of the case until August 7, noting the court document as its source.
It has gained its publication at the speed of traction, as some in society see it as an important development. However, not everyone agreed. Many indicated that the document he referred to was from last year, which led to doubt about its importance in the current situation.
Former SEC lawyer Until Mark Vagil refused The explicit claim, describing it “stupid and wrong.” This conflicting information left the XRP community divided into what is true.
There is no official advertisement from Sec
Although both SEC and Ripple had withdrawn their appeal, the agency has not issued an official announcement, which led to speculation that the case may be already beyond. However, legal complications can cause delay.
The Fox Business Eleanor Territ newspaper suggested that the Supreme Education Council await to ask Judge Torres to remove the Zarbian order – a step that differs from how to deal with other cases.
Currently, XRP holders are waiting impatiently, in the hope that the decision of the long -awaited organizational lawsuit will bring to Ripple and its symbol.
