- Ripple and SEC are trying to play nice, aiming to settle their $125M penalty dispute by June 16, 2025.
- XRP prices have jumped 5.17 percent to $2.28, because who doesn’t love a good settlement?
Ripple Labs and the Securities and Exchange Commission (SEC) have decided to put their differences aside and file a joint motion to end their four-year-long game of regulatory tug-of-war over XRP tokens. This brief, filed on June 12, 2025, is essentially a request to retract a previous court decision and dissolve an injunction that’s been cramping Ripple’s style when it comes to institutional sales of XRP. The proposed settlement deal would release the $125 million that’s been stuck in escrow, with half going to the SEC and the other half (a cool $75 million) being returned to Ripple.
The United States Court of Appeals is getting a bit impatient, asking the SEC to provide an update by June 16, 2025. This filing will determine whether the two parties have finally reached an agreement or if they need more time to work out their issues. A winning resolution could put an end to the lawsuit, which would be a major game-changer for XRP trade and the regulatory landscape of cryptocurrencies in general.
For those who need a refresher, the SEC brought a case against Ripple back in 2020, accusing the company of unregistered sales of XRP and raising over $1.3 billion. In July 2023, it was decided that selling XRP to retail buyers wasn’t a securities law violation, but sales to institutional buyers were a different story, resulting in a $125 million fine in August 2024.
As the markets eagerly await the settlement, XRP prices have surged 5.17 percent in the past 24 hours, reaching $2.28 as of June 16th, 2025. Traders are hoping for a breakout up to $3.00, because who doesn’t love a good underdog story? 📈
The joint motion takes into account previous cases that were argued in a rejected settlement back in May 2025, citing special circumstances to approve a reversal in the judgment. If accepted, the settlement would reject any existing appeals and give Ripple a major win by relieving them of any financial burden and defining their position on regulation.
Judge Analisa Torres’ decision is crucial in all this. If the settlement is approved, the SEC’s regulatory management might become a bit more… relaxed, making it easier for cryptocurrencies to operate. But if they fail to settle, the trial period could be extended, leaving XRP investors in limbo. 😬
Stuart Alderoty, Ripple’s Chief Legal Officer, is playing hardball, saying the company isn’t willing to concede guilt in the deal terms as proposed. A settlement like this could be a major breakthrough, paving the way for broader acceptance and potential exchange-traded fund approvals of XRP. 🚀
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2025-06-16 20:35