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Legal experts dismiss the possibility of a last-minute settlement between Ripple and the SEC before July 14. Former SEC official Marc Fagel clarifies that internal processes and voting make a quick resolution unlikely. Investors anticipating a weekend decision may face disappointment.
- SEC requires internal voting and formal processes to dismiss the Ripple case, making a July 14 settlement unlikely.
- Marc Fagel dismisses rumors of Judge Torres' involvement or ISO 20022 alignment influencing the case timeline.
- Closed-door SEC meetings are procedural and not directly linked to Ripple, tempering investor expectations.
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Other Tags: Gary Gensler, Judge Analisa Torres, Marc Fagel