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    HomeFinanceXRP Lawsuit: Ripple vs. SEC Expected to Conclude on June 13

    XRP Lawsuit: Ripple vs. SEC Expected to Conclude on June 13

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    Ripple’s XRP holders faced more legal trouble as Judge Analisa Torres rejected a key settlement motion in the Ripple vs. SEC lawsuit. The judge denied a procedural step that would have helped finalize the settlement between Ripple and the SEC after years of legal battles.

    Judge Torres officially ruled the motion as “procedurally improper” and directed the clerk to terminate it. This decision indicates that the lawsuit is likely to continue for several more months, causing frustration among investors and XRP holders due to ongoing legal uncertainties.

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    Speculation has arisen about a potential final agreement. A prominent XRP community influencer, The Real Remi Relief, hinted on social media that a significant announcement is expected on Friday, June 13, 2025. The influencer suggested that Ripple might have secured a better settlement deal than anticipated, which could be a breakthrough for the XRP community.

    Also read:  Judge Torres's ruling in Ripple lawsuit could change

    Although not yet confirmed, followers were advised to prepare for a potential surge in XRP price post-settlement. The influencer indicated a positive outlook for XRP’s price if the rumored settlement announcement materializes in June, potentially propelling XRP beyond its previous all-time high of $3.84. As of the latest update, XRP is trading at $2.24, showing a more than 1% increase in the last 24 hours.

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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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