- Marc Fagel dismisses rumors about revoking Judge Torres’ ruling.
- A mysterious filing in the XRP case is dismissed as spam.
- Experts say that Ripple’s settlement could be reached within two months.
The Ripple vs. SEC matter has taken surprising turns as the crypto community watches for a possible solution. The assumption is high surrounding the probable outcome of the lawsuit, especially with recent commentary from former SEC lawyer Marc Fagel.
According to Fagel, Judge Analisa Torres’ ruling is unlikely to be revoked, despite rumors suggesting otherwise. His comments shed light on the likely focus of the lawsuit’s conclusion: modifying remedies rather than revisiting the core judgment.
Will Judge Torres’ Ruling Stand?
Amid growing tension, discussions have arisen about the chance of Judge Torres revisiting her earlier decision regarding Ripple’s liability . However, Marc Fagel, who has knowledge of working with the SEC, firmly ignored the idea of the ruling being voided.
According to Fagel, the case will not see a reversal of the judgment but may focus on adjusting the remedies instead. This perspective shifts the conversation from the case’s core judgment to the penalties and remedies that could be applied to Ripple.
A mysterious filing regarding the XRP lawsuit has recently captured attention in the legal and crypto communities. According to Eleanor Terret’s post on X, an individual named Justin W. Keener filed a request to present what he described as “decisive evidence” in the case. The evidence was said to favor both Ripple and the general public. However, the unclear nature of the filing has sparked confusion.
Marc Fagel responded to this filing by dismissing it as spam. He clarified that the filing was submitted by someone unauthorized to participate in the case. Fagel went on to say that it would be disregarded by the court, comparing it to unsolicited material that bypasses the court’s usual filters.
Ripple Lawsuit Settlement: How Soon?
With Ripple’s decision to drop its cross-appeal following the SEC’s withdrawal of its appeal, speculation has increased about a possible settlement. Legal expert Fred Rispoli believes that the case could be wrapped up within two months.
However, experts note that there are still some steps to be taken before a final resolution. Though the end of the lawsuit seems near, the exact timing remains uncertain. The XRP lawsuit produces ongoing developments that generate positive expectations together with speculation throughout cryptocurrency communities.
Legal experts, together with analysts, follow the current developments in the XRP lawsuit because they want to observe the steps until the case finishes. Ripple, along with the SEC, has started actions that might result in a settlement agreement, causing stakeholders to examine the settlement terms and its projected effects.
