"Ripple–SEC lawsuit may be delayed until the end of 2026"… Experts refute community-driven rumors

A post claiming that the lawsuit between Ripple and the Securities and Exchange Commission (SEC) could be delayed is gaining traction in the community. However, industry experts immediately refuted this assertion.

According to Coinpedia on the 23rd (KST), an X (formerly Twitter) user named Altcoin Bale claimed on their account, "The final verdict in the SEC and Ripple lawsuit could be postponed until 2026."

Earlier on the 16th, Ripple and the SEC submitted a 'motion to stay the appeal' to the United States Court of Appeals for the Second Circuit, which is the appellate court. As a result, the SEC is now required to submit a 'progress report' regarding the lawsuit between Ripple and the SEC by August 15th.

However, according to the consensus among experts, it is not possible to assert definitively that the lawsuit between Ripple and the SEC will be delayed until the end of next year under the current circumstances.

Former SEC official Marc Fagel explained, "Ripple recently submitted a supplemental letter to the court supporting a procedure called 'Motion for an Indicative Ruling,'" adding, "This appears to be intended more to instill confidence in supporters rather than introducing new legal content." He further commented, "Because the situation is highly unusual, it is difficult to predict the judge’s next steps," and noted, "If the judge dismisses the motion, Ripple will need to decide whether to continue the appeal or settle."

Legal expert Bill Morgan stated, "Unless Judge Analisa Torres (the judge overseeing the lawsuit between Ripple and the SEC) issues a denial of the joint motion, this is not possible." Earlier, on the 13th, Ripple and the SEC had submitted a joint motion to the U.S. District Court for the Southern District of Manhattan, indicating their intention to partially adjust the existing civil penalty ruling.