๐ June 16: An Important Day for Ripple & XRP โ But Not the Final Verdict โ๏ธ๐
Letโs clear the air ๐ง
๐ฅ While many are hyping June 16 as a potential turning point in the SEC vs. Ripple case, hereโs the truth:
โ Itโs a deadline for the U.S. SEC to file a status update with the court
โธ๏ธ This follows a 60-day pause in the appeals process granted back in April
๐ No final ruling or confirmed settlement is expected on this date
So what could happen? ๐ค
๐ If the SEC files nothing: appeals could resume
๐ If a motion is filed: another pause might occur
๐ Either way, the case continues โ but June 16 is still a legal checkpoint worth watching
๐ก What this really means: ๐ Not the end, but a potential shift in strategy or direction ๐ฅ The outcome still holds huge weight for XRP, crypto regulation & U.S. adoption
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โ Disclaimer: This post is for informational purposes only and does not constitute financial or legal advice. Cryptocurrency investments are subject to market risks. DYOR (Do Your Own Research). ๐๐
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