🚨 Breaking News: SEC Dropping XRP Lawsuit During “Crypto Week”? 🚨

With the commencement of July’s “Crypto Week,” a new wave of rumors has flooded the crypto community, claiming that the U.S. Securities and Exchange Commission (SEC) will officially announce the end of its lawsuit against Ripple Labs. 😲

As XRP prices surge and optimism soars, is there any truth to this tantalizing tale? Let’s see what Coinpedia’s investigation uncovers.

Where Did This Juicy Gossip Originate?

The speculation began on social media and crypto forums, especially after the SEC listed a closed-door meeting on July 10. XRP enthusiasts and supporters have amplified these rumors, insisting that a final SEC announcement is imminent, possibly during “Crypto Week.” 🤫

But is there any solid evidence to back up this claim?

Fact Check: Is an SEC Announcement During “Crypto Week” Possible?

Despite the growing excitement and anticipation, former SEC lawyer Marc Fagel, the idea of a sudden announcement is not realistic. He said a settlement or ruling takes time, not days. “It usually takes a month or two for a vote on an enforcement recommendation.” ⏳

So, a quick update during “Crypto Week” is very unlikely. 😒

Fagel also clarified that Judge Analisa Torres currently has no jurisdiction over the case, as there are no pending motions before her. This means she cannot settle the case before July 14, further debunking the idea of an imminent court ruling.

The legal process is now in its final phase. Ripple has agreed to drop its cross-appeal, and the SEC is expected to do the same. However, the SEC must still complete an internal vote to withdraw its appeal, a step that has not yet happened.

Key Evidence Table: Coinpedia’s Fact Check

Claim	Coinpedia’s Evidence
SEC will announce the end of the Ripple case during “Crypto Week”	No official confirmation; legal process takes 1–2 months
Judge Torres could settle the case before July 14	Meanwhile, she has no jurisdiction or pending motions
SEC closed-door meetings signal imminent settlement	However, meetings are routine, not directly related to Ripple

Conclusion

Claim	The SEC will announce the end of the Ripple case within “Crypto Week.”
Verdict	False
Fact-Check by Coinpedia	There is no credible evidence or official statement to support the idea that the SEC will announce the end of the Ripple case during “Crypto Week.” Legal experts, including former SEC lawyer Marc Fagel, confirm that the process requires internal voting and formal steps that typically take one to two months. 📝 Meanwhile, the claim is based on viral misinformation, not fact. 😒

Read More

• Quantum Agents: Scaling Reinforcement Learning with Distributed Quantum Computing
• Boruto: Two Blue Vortex Chapter 33 Preview — The Final Battle Vs Mamushi Begins
• All Skyblazer Armor Locations in Crimson Desert
• Every Melee and Ranged Weapon in Windrose
• How to Get the Sunset Reed Armor Set and Hollow Visage Sword in Crimson Desert
• One Piece Chapter 1180 Release Date And Where To Read
• Zhuang Fangyi Build In Arknights Endfield
• All Shadow Armor Locations in Crimson Desert
• Windrose Glorious Hunters Quest Guide (Broken Musket)
• Top 10 Must-Watch Isekai Anime on Crunchyroll Revealed!

2025-07-14 15:30