Why Is Ripple’s Court Saga Taking Forever? The Slothful Circus Continues!

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Ah, the grand theater of crypto litigation, a spectacle as lively as a bureaucrat’s morning patrol, now with extra delay! The Ripple vs SEC saga, a true masterpiece of patience-testing for legal buffs and crypto enthusiasts alike, continues its slow dance around the courtrooms like a sleepy ox in swampy fields. Why, you ask? Well, unlike the swift strokes of a master painter, this process drags on longer than a bureaucrat’s lunch break, leaving everyone wondering-what are they really doing in there? 💤

The SEC, ever so eager to wrap up cozy little disputes with Coinbase and others, seems to treat Ripple’s case as if it were a particularly stubborn stubborn mule. Meanwhile, lawyerly minds like Bill Morgan ponder whether SEC Chair Paul Atkins can rally the commissioners to rubber-stamp the dismissal-perhaps with a magic wand? Or maybe just a strong coffee? ☕️ It appears the paperwork has decided to take a vacation, as if the attorneys have been caught in a game of legal hide-and-seek.

Expert Takes the Stage, Yawning and All

Then comes Mr. Fagel, ex-SEC lawyer and veteran of the cryptic battlefield, explaining that Ripple and SEC once tried to settle, but the court said, “No, thank you,” like a grumpy landlord refusing to accept rent. The court’s rejection of their cozy compromises forced everyone to push the reset button-cue the nostalgic music of endless proceedings. Ripple’s attempt to smooth over the matter failed, and now we’re back where we started-waiting like villagers for the dawn, which, in this case, might be next year.

“Can Chair Atkins persuade the SEC to simply vote to dismiss the Appeal in SEC v Ripple and get those paperwork animals moving?” – Bill Morgan (@Belisarius2020) August 4, 2025

Had Ripple just played nice and accepted the original court’s verdict, we’d be sipping tea by now, not fussing over appeals. Instead, their detour turned what could have been a swift farewell into a never-ending gantlet of procedural hurdles. Ah, the sweet taste of hope dashed by bureaucratic inertia.

Does the Second Vote Hold the Key?

The mystery deepens like a fog over the Dnieper-does another SEC vote be required? Morgan and Fagel discuss this puzzle like men pondering whether the sun will rise or if it’s just the moon playing tricks. According to Fagel, maybe, just maybe, a previous vote hidden in history already set the case to rest. But, knowing SEC’s penchant for irony, it’s more probable a fresh vote is needed, turning this circus into a never-ending carnival. 🤡

Morgan talked to a fellow ex-SEC shadow, who was as puzzled as a cat in a fish market, about whether another vote is necessary. Fagel clarifies that the delay screams the previous vote didn’t cover the full dismiss-so we wait, hope, and sip more coffee.

Still Not Over-Just Postponed for Good?

Despite everyone acting ready to say “game over,” both Ripple and SEC are caught in a bureaucratic limbo, a slow dance that lasts longer than the reign of a Czar. The new SEC chair’s internal approval process is slower than molasses on a January day. Until the all-important second vote, the case remains alive-like a Frankenstein ready to wake from its nap.

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2025-08-05 06:38