Ripple vs SEC: Legal Limbo & XRP’s Hilarious Hold-Up 😂

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Another week, another delightful spectacle in the grand opera of jurisprudence, where Ripple and the SEC duel with all the charm of two cats fighting over a ball of string. Social media, that most reliable of sources, whispered tales of a fourth clandestine meeting—behind gilded doors, no less—where the SEC allegedly plots the fate of XRP. Some insist this delay might thwart the noble quest for an XRP ETF, while others dream of a market breakout so explosive it could launch a squirrel into orbit. 🚀

SEC just holds their fourth closed-door meeting on Ripple’s appeal. A delay could hold up XRP spot ETF approvals—but if they drop the appeal, the next breakout could be explosive.#LegalWatch #XRP #ETFCountdown

— Crypto Crows (@CryptoCrows) July 27, 2025

Enter Marc Fagel, the SEC’s most eloquent truth-teller, who, with the grace of a Victorian poet, dismantled the myth of said fourth meeting. “Nay, good folk,” he declared, “the case now rests in the Court of Appeals, not the SEC’s commissioners, who are far too busy sipping tea and debating semicolons to meddle.” Earlier, the SEC had begged Judge Torres to reconsider her verdict, but she, with the resolve of a seasoned hostess refusing a third slice of cake, said no. 🍰

So, what’s causing the delay?

Fagel, that paragon of clarity, explained the legal tango: Ripple and the SEC each appeal portions of the ruling, like two children arguing over who broke the vase. For Judge Torres’s verdict to take effect, both must dismiss their appeals. Ripple, perhaps eager, waits while the SEC trudges through its “internal approval process”—a bureaucratic ballet as thrilling as a nap. 💤

What’s Taking So Long?

Oh, but this is par for the course! Fagel chuckled, “The SEC treats every court case like a well-rehearsed opera, complete with intermissions.” Outside of court? Investigations close swiftly, unburdened by the need to consult commissioners—how pedestrian! 🎭

For Ripple and XRP holders, this waiting game is a test of patience, akin to expecting a mirage to materialize. While delays may dally the ETF, they are but a footnote in the legal saga. Should appeals vanish soon, Judge Torres’s verdict will reign supreme, and with it, a new chapter for XRP—assuming the SEC isn’t too busy writing sonnets to regulation to notice. 📜

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2025-07-28 06:07