Ripple XRP vs SEC: Case Update Dey Clear Appeal and Dismissal Timeline

On August 4, 2025, ex-SEC lawyer Marc Fagel talk about important questions wey concern the long legal fight between Ripple (XRP) and SEC. He yarn say Ripple no drop their cross-appeal yet which mean the law matter for XRP still dey active for the appeal court dem. Fagel explain say SEC dismissal process follow their internal rule and fit take some months, e come clear say no be to delay on purpose. E still talk say Judge Analisa Torres no dey involved again because her 2023 summary judgment about XRP program sales don finish that part of the case. Now say the case dey for appeal and administrative settlement path, traders suppose expect say regulatory closure go depend on formal legal steps, no be political time. This update show say Ripple vs SEC case never settle yet, so XRP market people suppose dey watch the appeal matter and SEC approval time well well for possible price movement.
Neutral
Di update for Ripple vs SEC lawsuit na be procedural, e dey clear the appeal status, SEC internal timeline and Judge Torres role. E remove confusion but e no bring new triggers for XRP price movement. Historically, XRP price dey respond more to court decisions or regulatory approvals than procedural updates. As dis news dey confirm say the legal processes go continue without quick solution, the impact on market feeling na neutral for short and long term. Traders suppose dey watch out for clear appellate decisions or SEC dismissal notice as future triggers.