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    HomeFinanceFormer SEC Attorney States XRP Lawsuit is Ongoing

    Former SEC Attorney States XRP Lawsuit is Ongoing

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    There’s a lot of excitement in the crypto world about **XRP**. Many believe the U.S. Securities and Exchange Commission (SEC) may soon approve multiple **XRP** spot ETF applications. Big players like Bitwise, Grayscale, Franklin Templeton, and 21Shares have all applied, with important decision dates approaching.

    The first key date is June 17, 2025, when the SEC is set to decide on Franklin Templeton’s spot **XRP** ETF application. Grayscale had a deadline on May 21, 2025, and Bitwise is waiting for a decision on May 25, 2025. The crypto community is eagerly watching as approval could greatly impact **XRP**’s value and popularity.

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    Rumors suggest that the SEC and Ripple have settled their legal dispute, awaiting court approval. However, former SEC attorney Marc Fagel clarified that the judge rejected the request from both parties.

    Also read:  XRP Experts Forecast $10 to $23 Increase by Year-End

    Fagel explained that although there may be an agreement between the parties, it is not yet official. The court requires further explanation before changing its initial decision. In summary, both the **XRP** ETF decisions and the Ripple lawsuit remain unresolved. Crypto enthusiasts will have to wait for updates in the coming weeks.

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    Note: Investments carry market risks. Please invest carefully. We do not accept responsibility for any financial losses.

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    Rajesh M
    Rajesh Mhttps://www.telanganatribune.com
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