Whatโs up: Ripple and the SEC have jointly paused their appeals, waiting on a key district court
Whatโs at stake: They're pushing for Judge Torres to sign off on a revised $50โฏM settlement (instead of the original $125โฏM) and lift the permanent injunction
Game changer: If approved, the injunction is gone and appeals likely dropped. If not, the legal war continues.
Deadline alert: SEC must file its next status by August 15, 2025โlawyers expect a decision soon
Crypto reaction: XRP spiked ~7% to $2.34 before pulling backโmarkets are clearly tuned
๐ฏ TL;DR:
Ripple & SEC are nearing a settlement tweak. Augustโฏ15 is the big dayโcould decide XRPโs future in US markets and crypto regulation.