SEC Vote on Ripple XRP Case Dismissal Rumored for July 17 as Community Demands Proof

Andrew Chen
Ripple-vs-SEC

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Key Takeaways:

  • A July 14 tweet claimed the SEC would vote to dismiss the Ripple lawsuit on July 17.
  • No official documentation supports this claim; the meeting appears routine.
  • XRP holders should be cautious and await confirmed updates from the SEC or courts.

A viral post from crypto enthusiast BALE has reignited speculation surrounding the ongoing U.S. Securities and Exchange Commission (SEC) lawsuit against Ripple Labs. In a tweet shared on July 14, BALE claimed the SEC Commission had scheduled a key vote for July 17, which could result in the full dismissal of the case. However, with no official source provided, the XRP community is now debating the credibility of the claim.

Speculation Swirls Over Potential July 17 SEC Vote

The tweet implied a pivotal moment could be approaching in the legal battle that began in December 2020, when the SEC sued Ripple for allegedly selling unregistered securities via its XRP token. Some interpreted BALE’s message as a signal that the regulatory agency may finally be ready to drop the case.

Yet, in the absence of documentation or a statement from the SEC, the claim remains unverified. BALE’s post lacked links to official meeting agendas or filings, leading many to question whether this is another case of social media-driven hype.

XRP Community Reacts with Skepticism

Community members were quick to express doubt. A user known as Merle the Pearl downplayed the significance of the date, noting that July 17 aligns with a standard Sunshine Act meeting. “It’s the normal Thursday meeting,” he wrote, suggesting that the vote may not pertain to Ripple at all.

Another user, Rocket Man XRP, demanded proof. “Link please?! By August 15th is the only official news on this,” he responded, referencing known court deadlines set by Judge Torres in earlier proceedings.

Routine Meetings Misconstrued as Case Milestones

The SEC frequently holds Sunshine Act meetings—private sessions used to discuss legal strategy and enforcement matters. These meetings are not necessarily connected to high-profile cases unless explicitly stated.

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As of July 15, 2025, no public SEC documentation or court filing indicates that a July 17 vote on Ripple is scheduled. Community members like Third Eye XRP expressed frustration over recurring rumors, saying, “Quit posting crap for needed attention!”

While the prospect of a dismissal would be a major win for Ripple and XRP holders, current evidence does not substantiate the July 17 claim. With no official SEC or court announcements, investors are urged to rely on trusted, verifiable sources.

Disclaimer: The information in this article is for general purposes only and does not constitute financial advice. The author’s views are personal and may not reflect the views of Chain Affairs. Before making any investment decisions, you should always conduct your own research. Chain Affairs is not responsible for any financial losses.

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