🚨 🚨 XRP vs. SEC: Countdown to June 15 🔥
The XRP community is closely watching as a critical June 15 deadline nears in the SEC v. Ripple lawsuit — a legal battle that's dragged on for over four years.
On April 10, 2025, the SEC and Ripple jointly requested a 60-day pause to finalize a verbal settlement agreement. Ripple agreed to pay a reduced $50M fine (down from $125M), and both parties would drop appeals and lift the injunction on Ripple’s institutional XRP sales.
⛔ However, Judge Analisa Torres denied the motion for an indicative ruling, a required step to finalize the settlement, creating uncertainty.
Now, with June 15 fast approaching, the SEC must file a status report detailing whether the settlement talks are progressing or if the case will return to court.
📊 A finalized deal could provide much-needed regulatory clarity for XRP, boost market confidence, and possibly trigger a price surge. Delays or renewed litigation could stall momentum.
This deadline could mark a major turning point — not just for Ripple, but for the future of crypto regulation in the U.S. 🇺🇸
