Highlights
The XRP lawsuit has been going on for nearly four and a half years, and finally, some positive news is approaching this digital asset. The crypto market is filled with rumors and news around a potential Ripple vs SEC case settlement on June 13, three days before the 60-day SEC’s updated window period ends. Will it settle? Let’s discuss.
The SEC vs Ripple case is one of the most important legal battles in the crypto industry, where the SEC alleges that XRP is a Security like a stock, hence it has broken several securities laws. Interestingly, Judge Analis Torres ruled out that it is not secure in 2023 if it’s sold on public exchanges.
However, despite that, the XRP lawsuit is still going on due to pending penalty terms agreement and Judge Torres’ rejection of their joint request.
Amid this, the investor remains torn between their sides on this trending cryptocurrency, as some believe it lacks legal clarity. However, Bill Morgan calls this the biggest lie in the crypto industry, and that XRP has more legal clarity than Bitcoin.
The drama extends amid Justin Keener’s mysterious filing. Now, the investors await June 13 as some crypto experts believe that major updates could come on this date.
The news of the XRP lawsuit coming to an end has been circulating in the market for years now. However, the consistent hurdles have pushed this case to nearly 5 years. June 16, 2025, is a significant deadline because it marks the end of the 60-day window during which the SEC must update the Court of Appeals regarding new developments in the case.
However, some experts believe this case could settle even before that. One such expert is ‘The Real Remi Relief,’ which claims that the SEC and Judge Torres have come to an agreement on the Ripple lawsuit. More importantly, he claims that the official announcement for this would be made on Friday, June 13, 2025.
Amid this buzz, the odds of the XRP ETF are 93% today. Also, the Ripple token price has surged nearly 2.5%, currently at $2.25. Experts like the Real Remi Relief expect the price to surge to new highs after this settlement.
Due to missing supporting factors, it is uncertain if the Ripple vs SEC case will really settle on June 13. Most crypto experts have called it more of a rumor and have advised investors to await official confirmation.
This is because no certain announcement around June 13 has been made by Ripple, the SEC, or even Judge Torris. However, the chances of settlement in the upcoming days are higher, especially as Paul Atkins has joined the SEC.
Former U.S. SEC Chair Gary Gensler appeared on CNBC's "Squawk Box" and addressed his concerns…
Dogecoin (DOGE), the pioneering meme coin, has taken a hit as the crypto market crashed…
Ethereum (ETH) experienced a drop of around 3% in the past 24 hours, to trade…
The cryptocurrency market is expecting a big week ahead, as the U.S. Federal Reserve prepares…
The crypto market was buzzing this week with big whale moves, fresh economic reports, new…
Pepe Coin price is outperforming other mainstream meme coins today, soaring around 13% over the…