📢 Ripple vs. SEC: Final ruling coming June 16?
After more than 4 years in court, the Ripple-SEC lawsuit might finally be approaching the finish line – but there’s a twist ⚠️
🔹 On May 16, Judge Analisa Torres rejected the joint settlement request to reduce Ripple’s penalty from $125M to $50M – due to procedural errors.
🔹 Now, June 16, 2025, is the critical deadline:
Both parties must refile the request properly under Rule 60(b). If they do, Torres could approve it swiftly.
✅ If accepted: Case could be closed by late June or July.
❌ If mishandled: Delays may stretch into late 2025.
🧾 Judge Torres made it clear:
“If jurisdiction were restored to this Court, the Court would deny the parties’ motion as procedurally improper.”
📊 Is XRP about to leave its legal shadow behind?
