CRYPTONEWS

After years of legal battles, Ripple Labs and the U.S. SEC are finally pushing to resolve their long-standing dispute over $XRP signaling a potential game-changing moment for the entire crypto industry. 💥
Ripple & SEC Request Court to Dissolve Final Injunction & Unlock $125M 💰
On June 12, Ripple and the SEC jointly filed a motion requesting District Judge Analisa Torres to issue an indicative ruling that would dissolve the final civil injunction in the case. If granted, this move would unlock over $125 million in escrowed penalty funds. The proposed distribution plan would see:
$50 million paid to the SEC
The remaining funds returned to Ripple
The joint filing was made under Federal Rules 62.1 and 60(b), allowing the district court to indicate its willingness to modify the previous judgment, even while the case is under appeal in the Second Circuit.
⚖ Why This Matters: A Shift Towards Settlement
Previously, Judge Torres denied a similar motion in May, citing the lack of "exceptional circumstances." However, this time, both parties argue that a settlement would eliminate further prolonged litigation, save judicial resources, and align with the SEC’s recent shift in enforcement policy under interim Chairman Mark Uyeda.
Notably, the SEC has recently dropped several enforcement actions against crypto firms — a potential sign of softening regulatory posture that could benefit Ripple and $XRP
🚀 Ripple vs SEC: A Legal Saga Nearing Its End?
The SEC’s original lawsuit, filed in December 2020, accused Ripple of conducting an unregistered securities offering through the sale of XRP. The case quickly became one of the most closely watched legal battles in crypto history, raising critical questions about how U.S. securities law applies to digital assets.
A final resolution could bring long-overdue regulatory clarity to XRP and set a precedent for the broader crypto industry.
📊 What's Next?
If Judge Torres issues the indicative ruling, the SEC and Ripple will request the Second Circuit to remand the case temporarily so the district court can formally dissolve the injunction and execute the proposed fund distribution.
> 🔎 "Doing so would promote efficiency, encourage settlements, and avoid additional litigation," both parties emphasized in the filing.
💡 The Bigger Picture
As the SEC shifts its tone on crypto regulation and Ripple seeks closure, this potential settlement could serve as a pivotal moment for both $XRP
holders and the entire crypto space.
Stay tuned — this could be the breakthrough the market has been waiting for. 🚀
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Trump’s reference to India and Pakistan pertains to military confrontation which ended with US-facilitated ceasefire on May 10Iranian officials report at least 138 people have been killed in Israel’s military onslaught since Friday, including 60 on Saturday
ISLAMABAD: US President Donald Trump said on Sunday he could use American trade leverage to broker a peace deal between Iran and Israel, drawing a parallel to his administration’s role in facilitating a ceasefire between India and Pakistan last month.
The renewed conflict saw Iran and Israel exchanging missile and drone strikes over the past three days.
Iranian officials report at least 138 people have been killed in Israel’s onslaught since Friday, including 60 on Saturday, half of them children, when a missile brought down a 14-story apartment block in Tehran. Israel has reported at least 13 deaths.
“Iran and Israel should make a deal, and will make a deal, just like I got India and Pakistan to make,” Trump wrote on Truth Social. “In that case by using TRADE with the United States to bring reason, cohesion, and sanity into the talks with two excellent leaders who were able to quickly make a decision and STOP!”
Trump’s reference to India and Pakistan pertains to a brief military confrontation between the nuclear-armed neighbors in May, which ended with a US-facilitated ceasefire on May 10. Washington said trade and security assurances were key to the de-escalation.
He also cited other conflicts, between Serbia and Kosovo, and disputes over the Nile dam involving Egypt and Ethiopia, saying his interventions helped maintain peace “at least for now.”
“Likewise, we will have PEACE, soon, between Israel and Iran!” Trump added. “Many calls and meetings now taking place.”
Since Friday, Pakistan’s government has repeatedly pledged solidarity with Iran but urged its citizens to postpone travel to Iran and Iraq until the security situation improves. 
On Saturday, Islamabad issued a formal travel advisory asking Pakistanis to avoid travel to Iran “for a limited period” due to the Israeli attacks.
Pakistan has also condemned the Israeli strikes, calling them an unjustified violation of Iranian sovereignty, and has urged the international community to help de-escalate tensions through dialogue.

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