What is happening today?

On May 16, 2025, the community 96564960205

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once again witnessed an important development in the long-running lawsuit between the SEC (U.S. Securities and Exchange Commission) and Ripple Labs. According to information shared by attorney James K. Filan, Judge Analisa Torres has officially denied the "motion for an indicative ruling" – that is, the request from stakeholders for a preliminary ruling in the event jurisdiction is returned to the court.

Specifically, in her ruling, Judge Torres stated:

"If jurisdiction is restored to this Court, the Court will deny the parties' request on the grounds of being procedurally improper."

This ruling is not only legally significant but also expresses the court's firm stance in maintaining the integrity of the case proceedings and not allowing peripheral requests to affect the core of the matter.

Impact on XRP and the crypto market

Although this is not a decisive victory, Ripple being unhindered by this procedural request could help the company continue to defend the argument that XRP is not a security. This information quickly spread within the XRP and crypto community, potentially playing a role in fostering a positive sentiment among investors.

Is the lawsuit nearing its conclusion?

With a series of recent rulings leaning towards Ripple, analysts expect the lawsuit may gradually come to a conclusion in 2025. If Ripple wins the case completely, XRP may stand before a great opportunity to be relisted on exchanges in the U.S. and attract institutional capital back.