Ripple vs SEC Showdown: Will June 16 Shake the Cannisters? 🎭💥

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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 Court—what’s the next act on this chaotic stage? 💃🕰️

Bill Morgan, ever the raconteur, spilled some digital tea on X: if the stars do not align by then, the appeal and Ripple’s 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 days—oh, the suspense! 🎩✨

The countdown to SEC’s report to the Appeal Court has dwindled to just 12 days. Something’s got to give—otherwise, the appeal dance continues, and Ripple must prepare its next grand aria. — bill morgan (@Belisarius2020) June 4, 2025

June 16—Not The End, Just the Beginning of the End! 😏

Rumors, my dear readers, swirl like a gin in a crystal glass—whispering 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. 🎭

Following Judge Analisa Torres’s 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? 💸🤡

Two More Months of Legal Drama? Bring It On! 🎬

Bill Morgan suggests that this epic may slog on for another two months—a 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 unverified—like my Aunt Mabel’s secret recipe. 🕵️‍♀️

XRP Price Takes a Dip—Tune in for the Plot Twists! 📉🚀

As the June 16 date looms, the market’s nerves are jangling; XRP’s 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 $2.50—think of it as a comeback, darling! 💰✨

Naturally, the magic wand for XRP’s 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 sales—fingers crossed! And let’s not forget—the ever-elusive news of a spot ETF might just tip the scales. 📈🎩

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2025-06-06 15:58