
Ripple Lawsuit News: SEC Delays Lawsuit Announcement Until August 7? Ex-SEC Lawyer Clarifies
After four long years of legal battles, the fight between Ripple and the Securities and Exchange Commission (SEC) has finally come to a halt. The ongoing legal showdown that has garnered attention from both the crypto community and financial regulators appears to be over, but some lingering questions remain. Despite a statement from Ripple CEO Brad Garlinghouse, XRP supporters are still waiting for official confirmation from the SEC itself.
Amidst ongoing speculation, a document recently circulated online claiming that the SEC will not make an official announcement about the lawsuit until August 7 has sparked mixed reactions among the crypto community and experts alike. However, former SEC lawyer Marc Fagel quickly dismissed the document, stating, “This is stupid and wrong. You’re welcome!” Others pointed out that the document in question was from last summer, further fueling doubts about its validity.
Lawyer dropping by to say: this is stupid and wrong. You’re welcome! — Marc Fagel (@Marc_Fagel) March 28, 2025
Source: https://coinpedia.org/news/ripple-lawsuit-news-sec-delays-lawsuit-announcement-until-august-7-ex-sec-lawyer-clarifies/