⚖️ Ripple v. SEC: Appeals Paused, Awaiting District Court Rulin

On June 16, 2025, Ripple and the SEC jointly filed a request with the Second Circuit to suspend the appeals, citing the need to await a pivotal district‐court ruling on their revised $50 million settlement.

The SEC is set to file a status update by August 15, 2025—that’s the moment when the court will decide whether to approve or reject the deal.

🧨 What’s at Stake on August 15

If the settlement is approved: the SEC's injunction on Ripple would be lifted, the revised $50 million deal would be finalized, and both appeals would likely be dropped.

If denied: the appeals resume, and the full legal battle continues at full force.

🔄 Background & Settlement Details

In May 2025, Ripple and the SEC reached a formal agreement: Ripple would pay $50 million, with the original $125 million penalty reduced and $75 million returned .

The settlement preserves the 2023 landmark summary judgment: XRP non‑security for retail sales, but security for institutional sales .

📈 Market Reaction

XRP jumped ~7%, peaking at $2.34, then settling around $2.23—reflecting investors’ hopes for a swift resolution .

Today’s trading range is broad, with a high of $2.33 and a low of $2.15 .

🔮 Why This Matters

The outcome could set a precedent for future crypto‑SEC settlements.

A final settlement and lifted injunction would give Ripple operational freedom and add clarity to XRP’s legal status.

A rejection would leave the crypto industry in limbo, reinforcing uncertainty around regulation.

🗓️ Upcoming Dates to Watch

June 16, 2025: Joint request filed to pause appeals.

August 15, 2025: SEC submits status update — probable date for district court’s decision.

TL;DR

Appeals paused until the district court makes a decision on the revised settlement.

August 15 is the key date — settlement approval could end the lawsuit once and for all.

XRP’s price is trading within a high‑volatility band, tied to legal optimism.$XRP

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