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Ripple vs. SEC Case: Will June 16, 2025 Change Everything?
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The XRP community is buzzing as June 16, 2025 approaches – the deadline for the SEC to submit a status report to the Appeals Court after the settlement agreement with Ripple! Could this be the turning point that ends the 4-year-long legal drama? Let's "dissect" it!
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What's happening?
Background: The SEC has been suing Ripple since 2020, accusing it of selling XRP as an unregistered security. The 2023 ruling determined that XRP is not a security when sold publicly, but Ripple was still fined $125 million (later reduced to $50 million).
June 16: Deadline for the SEC and Ripple to finalize the appeal withdrawal agreement. Rumors from X (@RemiReliefX) suggest that an official announcement could come on June 13, closing the lawsuit with Ripple only paying $50 million and no longer under an injunction!
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Impact on XRP?
Optimistic scenario: If the lawsuit ends, XRP could soar (up +10% to $2.49 after news of the appeal withdrawal). Polymarket predicts a 98% chance of the XRP ETF being approved by the end of 2025, ushering in a new era for crypto!
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Worst-case scenario: If the appeal drags on to 2026, XRP could drop 19% to $1.71 if it breaks the support at $2.13.
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Why does it matter?
June 16 could mark a significant victory for Ripple, lifting the legal burden and boosting the crypto market under a new, more friendly SEC. But, stay calm – everything is still just speculation until there is official confirmation!
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What do you think? Will XRP go “to the moon” or continue the drama? Comment now!
#RippleVsSEC #XRP #CryptoNews #ToTheMoonOrBust
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