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coinpedia 2025-06-04 05:46:29

XRP Lawsuit Update: Ripple vs. SEC To Officially End on June 13?

The post XRP Lawsuit Update: Ripple vs. SEC To Officially End on June 13? appeared first on Coinpedia Fintech News Ripple XRP holders were hit with another legal drama after Judge Analisa Torres officially denied a key settlement motion in the long-running Ripple vs SEC lawsuit. Earlier this year, both Ripple and the SEC appeared to be moving towards a settlement agreement after years of courtroom battles. But in May, Judge Torres rejected a motion for an indicative ruling — a key procedural step that would have helped finalize the agreement. In her official court order, the judge ruled that if jurisdiction were to be restored to her court, she would deny the motion as “procedurally improper.” The clerk was also directed to terminate the pending motion. This means the lawsuit will likely drag on for several more months, leaving investors and XRP holders frustrated as the legal uncertainty continues. Rumors of a Final Agreement Surface Adding fuel to the speculation, popular XRP community influencer The Real Remi Relief claimed on social media that a big announcement is coming on Friday, June 13, 2025. According to the post, Ripple has allegedly secured a better settlement deal than expected, and once official, it could be the final breakthrough the XRP community has waited for. Update: Still waiting for the confirmation but all my OGs know the way I roll…My info is your info The SEC Ripple & Torres have all come to an agreement/conclusion. From what I understand, Ripple ended up getting a better deal. The announcement date will be Friday June… https://t.co/lLFECmzVSh — The Real Remi Relief (@RemiReliefX) June 3, 2025 While it’s not 100% confirmed, the influencer requested followers to “buy whatever you can” in anticipation of a post-settlement XRP price breakout. XRP Price Outlook: What’s Next? For now, XRP’s price remains under pressure. The crypto is trading below a crucial resistance level. But if rumors of a favorable settlement announcement prove true in June, it could push XRP past its previous all-time high of $3.84 and into new price discovery territory. At the time of writing, XRP is trading at $2.24 and is up by more than 1% in the last 24 hours.

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