Home Fear & Greed Pools Wallets Dictionary Advertise Facebook Twitter Telegram Reddit Youtube
Market Cap:
24h Vol:
Cryptocurrencies: 13286
Markets: 104249
CoinInsight360.com logo CoinInsight360.com logo
ENG
EST
RUS
TUR
DEU
CHI
KOR
ITA
USD
USD
AED
AFN
ALL
AMD
ANG
AOA
ARS
AUD
AWG
AZN
BAM
BBD
BDT
BGN
BHD
BIF
BMD
BND
BOB
BRL
BTN
BWP
BYN
BZD
CAD
CDF
CHF
CLF
CLP
CNH
CNY
COP
CRC
CUC
CUP
CVE
CZK
DJF
DKK
DOP
DZD
EGP
ERN
ETB
EUR
FJD
FKP
GBP
GEL
GHS
GIP
GMD
GNF
GTQ
GYD
HKD
HNL
HRK
HTG
HUF
IDR
ILS
IMP
INR
ISK
JMD
JOD
JPY
KES
KGS
KHR
KMF
KPW
KRW
KWD
KYD
KZT
LAK
LBP
LKR
LRD
LSL
LYD
MAD
MDL
MGA
MKD
MMK
MNT
MOP
MRU
MUR
MVR
MWK
MXN
MYR
MZN
NAD
NGN
NIO
NOK
NPR
NZD
OMR
PAB
PEN
PGK
PHP
PKR
PLN
PYG
QAR
RON
RSD
RUB
RWF
SAR
SBD
SCR
SDG
SEK
SGD
SHP
SLL
SRD
SSP
STD
STN
SVC
SYP
SZL
THB
TJS
TMT
TND
TOP
TRY
TTD
TWD
TZS
UAH
UGX
UYU
UZS
VES
VND
VUV
WST
ZAR
ZMW
ZWL
America's Social Casino

Market Cap
24h Vol
13286
Cryptocurrencies
64.49%
Bitcoin Share
coinpedia 2025-06-10 06:42:08

XRP Lawsuit News: Is Ripple CEO Meeting Trump? What to Know Before June 16

XRP Lawsuit News: Is Ripple CEO Meeting Trump? What to Know Before June 16

The post XRP Lawsuit News: Is Ripple CEO Meeting Trump? What to Know Before June 16 appeared first on Coinpedia Fintech News The legal battle between Ripple and the U.S. Securities and Exchange Commission (SEC) might finally be reaching an important turning point. Since December 2020, Ripple has been fighting allegations from the SEC, which claimed the company sold unregistered securities in the form of XRP tokens. While Ripple secured a big win last year when a court ruled that XRP itself is not a security, the legal process has continued with penalty negotiations and procedural delays. The ‘Ripple’ Test Now, crypto lawyer John Deaton has shared an important update: a new U.S. market structure bill is expected to be passed in August. This bill would clearly define what qualifies as a digital security and what counts as a digital commodity. If passed, XRP would fall under the category of a digital commodity — removing regulatory uncertainty and officially ending the SEC’s authority over the token. Deaton even called it a “Ripple Test,” replacing the decades-old Howey Test used to judge securities. Once this bill is signed into law by Congress and the U.S. president, it would set clear rules for the entire crypto market. June 16: Make or Break? Apart from this, June 16 is a key deadline in Ripple’s case. A previous joint request from the SEC and Ripple to reduce a $125 million penalty to $50 million was denied by Judge Analisa Torres, as it was filed under the wrong legal rule. Both sides have yet to resubmit a corrected motion, and if they miss the June 16 deadline, the case could move forward to the appeals court, delaying resolution by months. Trump-Garlinghouse Reunion? Despite the legal back-and-forth, Ripple CEO Brad Garlinghouse remains confident. Speaking recently, he said Ripple now holds the advantage in the case and the SEC has dropped its main appeal against XRP’s status as a security. A post on X by TheXRPGuy claims that Garlinghouse is set to meet with Donald Trump. This has not been confirmed by official sources yet. However, it’s possible, as the two already met earlier this year. The last time news of a Garlinghouse-Trump meeting went viral in November, XRP spiked quickly and the market reacted strongly. Now, with similar rumors spreading again, XRP could rally if the meeting is confirmed.

Most Read News

Moralis Money
Market Cap
24h Vol
64.49%
Bitcoin Share
295
Today News
Read the Disclaimer : All content provided herein our website, hyperlinked sites, associated applications, forums, blogs, social media accounts and other platforms (“Site”) is for your general information only, procured from third party sources. We make no warranties of any kind in relation to our content, including but not limited to accuracy and updatedness. No part of the content that we provide constitutes financial advice, legal advice or any other form of advice meant for your specific reliance for any purpose. Any use or reliance on our content is solely at your own risk and discretion. You should conduct your own research, review, analyse and verify our content before relying on them. Trading is a highly risky activity that can lead to major losses, please therefore consult your financial advisor before making any decision. No content on our Site is meant to be a solicitation or offer.