𝗥𝗜𝗣𝗣𝗟𝗘 𝗩𝗦. 𝗦𝗘𝗖 𝗡𝗘𝗔𝗥𝗦 𝗧𝗛𝗘 𝗘𝗡𝗗, 𝗕𝗨𝗧 𝗟𝗘𝗚𝗔𝗟 𝗛𝗨𝗥𝗗𝗟𝗘𝗦 𝗦𝗧𝗜𝗟𝗟 𝗥𝗘𝗠𝗔𝗜𝗡
🔍 What’s Happening?
The XRP lawsuit isn’t over yet — even though Ripple and the SEC are closer than ever to a settlement.
➡️ Both sides filed a joint motion on June 12 asking the judge to:
Cancel the previous $125M fine
Replace it with a reduced $50M penalty
But according to XRP lawyer Bill Morgan, even if Judge Torres agrees soon, the case still has more legal steps before it’s officially done.
🧾 Why the Delay?
The SEC also filed a request on June 17 asking for a 60-day pause
⚠️ However — this doesn’t delay the judge’s upcoming decision. It only extends the time in which appeals are paused.
💬 “This doesn’t delay the ruling,” said Bill Morgan.
📅 Case Timeline – What’s Next?
✅ Judge Torres rules on the new joint motion (expected soon)
🧾 If approved, both sides will ask the Appeals Court for a "limited remand"
📥 That allows Ripple and SEC to return to Judge Torres with a formal settlement filing
💸 Ripple pays $50M fine, not $125M
📤 Then both parties drop their appeals and the case is dismissed
🔁 How We Got Here
Ripple & SEC signed settlement agreement in April–May 2025
Filed first motion in May, but it had a technical flaw
Fixed it with a new filing on June 12.
📌 Why It Matters to XRP Holders
Legal experts say the case is in its final stages, but the finish line still needs weeks of legal formalities.
👩⚖️ Judge Torres’ ruling may come this week or next, but full resolution won’t happen until after the Appeals Court processes the remand.
🗓️ Next official update is due August 15.
✅ Bottom Line
Ripple’s battle with the SEC is finally near the end — but not over just yet.
⚖️ A favorable ruling from Judge Torres will move things forward fast… but full closure still takes time.
