TLDR
- The SEC has scheduled a closed meeting for 2:00 PM Eastern Time under the Sunshine Act.
- The agenda of the meeting has not been made public but speculation is rising within the crypto community.
- Analysts believe the meeting could result in the SEC dropping its appeal in the Ripple XRP case.
- Ripple previously dropped its own appeal and agreed to pay the court-imposed fine.
- The legal dispute centers around whether XRP is classified as a security in secondary market transactions.
The U.S. Securities and Exchange Commission has listed a closed meeting for 2:00 PM ET today under the Sunshine Act. The agenda has not been disclosed, but growing speculation links the event to the ongoing SEC and Ripple case. As timing aligns with recent legal movements, market watchers anticipate a potential resolution.
SEC Meeting Sparks Anticipation Across Digital Asset Industry
The SEC scheduled today’s meeting as a closed session, which allows discussions of legal enforcement matters and confidential issues. While the agenda remains undisclosed, the timing has raised expectations regarding the high-profile SEC and Ripple case. Analysts noted that today could mark a turning point in the legal conflict involving XRP.
Ripple Labs previously dropped its own appeal and paid the associated fine in response to prior court rulings. Observers interpreted this action as a signal of Ripple’s intent to finalize the SEC and Ripple case. As a result, many now believe the SEC may respond by ending its appeal as well.
The ongoing case stems from the SEC’s original lawsuit against Ripple over the classification of XRP as a security. The district court ruled that XRP is not a security in secondary market transactions, challenging the SEC’s stance. However, the agency filed an appeal shortly afterward, prolonging the litigation.
Analysts Signal Possibility of Resolution in SEC and Ripple Case
Crypto analyst Xaif speculated on social media that today’s meeting could lead to the SEC dropping its appeal in the SEC and Ripple case. Xaif’s comment follows Ripple’s earlier decision to settle and stop pursuing further legal action after the court-imposed fine. This sequence of events has strengthened assumptions that the regulatory body might reciprocate.
🚨 There were rumors the SEC would officially drop the appeal today (July 3, 2025, 2:00 PM ET) and finally end the case.
👀 9 hours left… will be over soon ??? pic.twitter.com/QJfSuyQLpw
— 𝕏aif🇮🇳|🇺🇸 (@Xaif_Crypto) July 3, 2025
Other community voices have noted that previous discussions aimed to remove the judge’s decision entirely, though those talks ended without agreement. Ripple’s choice to withdraw its challenge and comply may now clear the way for the SEC to settle the SEC and Ripple case. Industry participants are monitoring any developments following today’s meeting.
Some responses have urged restraint, pointing out that past expectations have not always matched actual outcomes in the SEC and Ripple case. Despite this, the industry has maintained interest due to the possible precedent such a conclusion could set. Each regulatory step in this case could shape the digital asset framework in the U.S.
Final Moves May Determine Regulatory Clarity Around XRP
Should the SEC end its appeal, the SEC and Ripple case would close one of the most significant legal disputes in crypto. This decision could offer long-awaited clarity on the classification of XRP and potentially other digital assets. Regulators and market participants alike have followed this case due to its potential long-term impact.
Ripple’s compliance and fine payment may influence the SEC’s final action and bring closure to the long-standing SEC and Ripple case. Any public statement after the meeting could confirm if the speculation aligns with official decisions. Until then, attention remains fixed on the scheduled time of 2:00 PM ET.
If the SEC chooses to finalize the matter, it would resolve a case that has affected XRP’s regulatory status. The conclusion of the SEC and Ripple case could provide a benchmark for future digital asset cases.
