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Ripple vs SEC Case Continues Unimpeded as Former SEC Lawyer Clarifies Lack of Obstruction
The ongoing legal battle between Ripple and the Securities and Exchange Commission (SEC) has taken another significant turn. According to a statement from former SEC lawyer Marc Fagel, neither party is intentionally delaying the proceedings. The case is progressing in a manner that aligns with standard legal protocols.
The development comes as a relief to the cryptocurrency community, which had been plagued by speculation surrounding Judge Torres’ role in potentially stalling the case. However, this latest revelation has put those concerns to rest. It appears that the Ripple vs SEC matter will continue without hindrance, moving forward through established procedural steps.
The Ripple and SEC have entered a phase where the substantive legal disputes are now resolved, leaving only paperwork requirements for final dismissal proceedings. It is essential to note that neither Ripple nor the SEC has officially filed their appeals at this stage. The court’s actions will largely depend on these filings.
As it stands, both parties are adhering to established procedures and standard timelines, ensuring the case progresses as anticipated. With no active issues pending before the court, Judge Torres’ role in this legal process is now complete.
Source: coincentral.com
