Will XRP Skyrocket to $5 After Ripple Lawsuit Decision Today? Legal Expert Says ‘Don’t Hope..’

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Ah, the ongoing legal tussle between Ripple and the U.S. Securities and Exchange Commission (SEC) is akin to watching a particularly tense game of chess, where the pieces are made of crypto and the stakes are as high as a giraffe on stilts. The crypto community, bless their optimistic little hearts, is practically holding its breath as Ripple and the SEC have once again decided to knock on Judge Analisa Torres’s door, requesting an indicative ruling. Rumor has it that a decision could be just around the corner—perhaps as soon as Monday! 🎩

Now, if the court gives a thumbs-up to this motion, the XRP enthusiasts are convinced that the token will leapfrog past the $5 mark faster than a cat on a hot tin roof. But, dear reader, not everyone is sipping the same Kool-Aid. 🍹

Expert Issues Warning

Enter stage left, pro-XRP lawyer Bill Morgan, who has taken it upon himself to sprinkle a bit of cold water on the fervent hopes of the crypto crowd. In a recent social media missive, he reminded his followers that it took Judge Torres a mere seven days to toss a similar joint motion into the bin. One might say that the rapidity of her previous decision could be a sign that this new motion might meet a similar fate—like a dog chasing its tail, only to find it’s just a bit of fluff. 🐶

Morgan elaborated that the crux of Ripple and the SEC’s plea hinges on the notion that modifying the final judgment is essential for their settlement. If Judge Torres decides to play nice and lowers Ripple’s fine while dissolving the injunction, it would be the legal equivalent of a happy ending, saving everyone from further courtroom drama. 🎭

Perhaps you should not hope for that.

It only took 7 days for Judge Torres to reject the last joint motion to modify the judgment to reduce the fine and dissolve the injunction. Less than 7 days to decide the current joint motion may not be the best sign she will grant it.

— bill morgan (@Belisarius2020) June 15, 2025

However, our dear Bill also pointed out a rather glaring flaw in this argument. It seems that Ripple, in a fit of hubris, decided to make their settlement contingent upon modifying the final orders. They could have simply waved the white flag and moved on, but no, they wanted more. Now, they find themselves in the rather awkward position of asking the court to accept a deal that’s structured more like a game of Monopoly than a legal settlement. 🎲

“I think she might grant it,” Morgan confessed, “but it also wouldn’t surprise me if she doesn’t.” A classic case of sitting on the fence, if ever there was one! 🪑

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2025-06-16 05:52