Sec./.ripple: The procedure that is still officially pending should be legally completed in 60 days

• One expects the legal dispute between the Sec and Ripple to be completed formally within 60 days after the last applications from the parties are submitted.
• The parties have withdrawn their respective appeal applications, which free the path to the official end of the procedure.

Ripple’s long -standing legal dispute with the SEC has reached its last stage, which will end with a legally binding decision by the responsible court within the next 60 days. This expectation results from the sequence of the last legal steps of both parties that aim to include the dispute over whether XRP can be classified as securities. Legal expert Fred Rispoli shared his opinion in a current one Tweet:

“Now we are waiting for a vote by the SEC Commission in less than 30 days. Then we are waiting for the official SEC application to cancel the injunction-without an objection by Ripple. Richter Torres will agree within 30 days of the application.

Withdrawal of the appeal was the key to the dispute resolution

Ripple recently withdrawn his counter -profession after the SEC had previously decided to withdraw her own appointment. While some saw this as the end of the case, right -wing experts make it clear that the last steps are still to be taken. The SEC has not yet given an official explanation that the case has been completed.

Ripple preparations for the degree

The head of the Ripple legal department, Stuart Alderoty, has already submitted the necessary documents to initiate the comparison process. Although this signals the willingness of Ripple, the company has not announced any plans for immediate resuming the institutional XRP sale, as the court had previously recommended.

The XRP community remains carefully optimistic. Rispoli emphasized that larger legal threats are unlikely, provided that there are no significant changes in the law before 2028. The end of the comparison depends on the fact that there are no new restrictive crypto regulations.

XRP-Performance

When writing this report, XRP is currently trading at $ 2.24, which corresponds to a decline of 4.87 % in the last 24 hours and 5.92 % last week, according to Coin Market Cap. The market capitalization is $ 130.86 billion and the 24-hour trading volume $ 3.2 billion.