Rumor: SEC Schedules a Key Vote for July 17 to End Ripple (XRP) Case

According to a post by crypto enthusiast BALE, the U.S. Securities and Exchange Commission (SEC) is preparing for a significant vote regarding its long-standing case against Ripple.

In a tweet published on July 14, BALE claimed that “The SEC Commission has scheduled a key vote for July 17. A decision is expected on the full dismissal of the case against Ripple.”

The statement has been interpreted by some in the XRP community as suggesting that the regulatory body may be close to concluding the legal proceedings that began in December 2020.

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BALE’s tweet did not include any official documentation or a source link, prompting others in the community to question the reliability of the claim. While BALE positioned the scheduled vote as a possible turning point for the SEC v. Ripple lawsuit, the absence of verifiable information has led to contrasting opinions from fellow social media users.

Community Voices Skepticism Toward the Claim

The SEC routinely holds “Sunshine Act” meetings, which are generally closed to the public and used to discuss matters including litigation strategy.

This remark refers to prior public timelines involving the SEC’s deadlines, particularly Judge Torres’ scheduling orders and relevant procedural steps. As of now, there is no record from the SEC indicating that July 17 has been designated for a conclusive vote on Ripple.

Lack of Confirmed Information Prompts Caution

The rumor quickly attracted skepticism from long-time XRP community members who have grown wary of unverified claims circulating during periods of regulatory silence.

The SEC’s public calendar does not currently list a meeting specifically tied to Ripple. Additionally, as of July 15, 2025, no formal statement has been released by the SEC confirming that a dismissal of the Ripple lawsuit is on the agenda for the July 17 meeting. Sunshine Act meetings typically cover multiple regulatory matters and are not necessarily focused on high-profile litigation unless specified in advance.

Although BALE’s tweet reflects a segment of sentiment within the digital asset community that desires a swift conclusion to the case, the available facts do not currently support the assertion that a vote to dismiss the case is scheduled for the 17th of July. Market participants and XRP stakeholders awaiting official decisions are advised to rely on verified communications from the court or the SEC itself.

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