Ah, darlings, the relentless danse macabre between Ripple and the SEC continues, with the clock’s hands daring to tick as if life itself depended on it. Only a matter of days until June 16, when the SEC must croon to the Appeal Courtāwhatās the next act on this chaotic stage? šš°ļø
Bill Morgan, ever the raconteur, spilled some digital tea on X: if the stars do not align by then, the appeal and Rippleās glittering cross-appeal will waltz onward, demanding yet another legal sitting from our bemused protagonists. But hold your lorgnettes! If a sly new motion is lurking before Judge Torres, we might be looking at a theatrical delay of a full 60 daysāoh, the suspense! š©āØ
The countdown to SECās report to the Appeal Court has dwindled to just 12 days. Somethingās got to giveāotherwise, the appeal dance continues, and Ripple must prepare its next grand aria. ā bill morgan (@Belisarius2020) June 4, 2025
June 16āNot The End, Just the Beginning of the End! š
Rumors, my dear readers, swirl like a gin in a crystal glassāwhispering that the Ripple vs. SEC saga concludes on June 16. But, alas, reality strikes a different chord. Fred Rispoli, the legal oracle, hath proclaimed that this date is merely a deadline for the parties to regale the U.S. Court of Appeals with their latest gossip, not the grand finale. š
Following Judge Analisa Torresās stern rejection of a swanky settlement proposal, twenty days have sashayed by without a re-hearing. Fred expects a new legal fireworks display any moment now. The million-dollar question? How far will the SEC go to keep the show going? šøš¤”
Two More Months of Legal Drama? Bring It On! š¬
Bill Morgan suggests that this epic may slog on for another two monthsāa veritable soap opera. Rumor has it that a $50 million fine and an injunction may have already been agreed upon but remain shrouded in mystery, unconfirmed and unverifiedālike my Aunt Mabelās secret recipe. šµļøāāļø
XRP Price Takes a DipāTune in for the Plot Twists! šš
As the June 16 date looms, the marketās nerves are jangling; XRPās price currently skates at $2.25, down a modest 2.2% last 24 hours. Yet, should the legal fireworks ignite as planned, we might see XRP soaring back to a dazzling $2.50āthink of it as a comeback, darling! š°āØ
Naturally, the magic wand for XRPās revival hinges on a court victory that would see Ripple dropping its cross-appeal, while the SEC might just retreat into the shadows over its programmatic salesāfingers crossed! And letās not forgetāthe ever-elusive news of a spot ETF might just tip the scales. šš©
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2025-06-06 15:58