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No, the SEC Isn’t Stalling the Ripple Case: A Former SEC Director Explains the Delay


No, the SEC Isn’t Stalling the Ripple Case: A Former SEC Director Explains the Delay

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  • Ripple vs SEC delay due to standard legal procedures, not intentional stalling.
  • Marc Fagel confirms no action pending before Judge Torres in Ripple case.
  • XRP price rises to $2.92 amid strong trading volume and legal clarity expectations.

The long-running legal dispute between Ripple and the U.S. Securities and Exchange Commission (SEC) has now entered its final procedural phase. This comes contrary to recent speculation that either party is stalling the case. 

As XRP sees renewed momentum in the market, a former SEC official has now offered a clear explanation for what is happening behind the scenes.

Former SEC Director Explains the “Delay”

Marc Fagel, a former regional director at the SEC, has addressed the growing concerns within the crypto community about the status of the Ripple lawsuit. In a recent social media post, Fagel explained that the perceived delay is not due to any obstruction by either the SEC or the presiding judge, Analisa Torres. Instead, he clarified, both parties are simply following standard legal protocol.

The post No, the SEC Isn’t Stalling the Ripple Case: A Former SEC Director Explains the Delay appeared first on Coin Edition.

Read the article at CoinEdition

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