cryptonews 2025-06-27 16:42:30

[LIVE] XRP Price Prediction – Judge Rejects Ripple Deal: What Happens Next

The XRP price has dropped by 4% in the past 24 hours, with its fall to $2.10 coming after a US judge rejected a settlement proposal between Ripple and the SEC. US District Judge Analisa Torres refused a proposal from both parties to reduce Ripple’s $125 million penalty and to remove an injunction that prevents the firm from selling XRP. This has left XRP in a weakened position today, with the altcoin also down by 3% in a week and by 9% in the past month, although it holds on to a 347% increase in a year. However, Ripple believes it’s in a strong position to move forward, regardless of yesterday’s ruling, with XRP’s long-term price prediction remaining as promising as ever. XRP Price Prediction – Judge Rejects Ripple Deal: What Happens Next Summarizing her decision, Judge Torres said that Ripple and the SEC “do not have the authority to agree not to be bound by a court’s final judgment that a party violated an Act of Congress.” As such, Torres declared that, unless “exceptional circumstances” are applicable, Ripple still must pay the $125 million penalty and observe the injunction the court had imposed on it. This injunction relates to Ripple’s sales of XRP to institutions, something which the market does appear to regard as damaging to Ripple and XRP. However, Ripple itself is already arguing that Judge Torres’ ruling isn’t particularly negative for the firm. With this, the ball is back in our court. The Court gave us two options: dismiss our appeal challenging the finding on historic institutional sales—or press forward with the appeal. Stay tuned. Either way, XRP’s legal status as not a security remains unchanged. In the meantime,… https://t.co/edHNbMzYbZ — Stuart Alderoty (@s_alderoty) June 26, 2025 In particular, legal experts are drawing attention to the fact that Alderoty used the phrase “historic institutional sales,” which is significant insofar as it implies that Ripple believes it can draw a distinction between the past, illegal institutional sales of XRP and any future sales. The post [LIVE] XRP Price Prediction – Judge Rejects Ripple Deal: What Happens Next appeared first on Cryptonews .

Наиболее читаемые новости

Bitcoin price holds range but needs fresh dem...
2025-06-27
Bitcoin’s Astonishing Evolution: IBIT Volatil...
2025-06-27
Ethereum and XRP Show Signs of Fatigue—Trader...
2025-06-27
Grayscale ETH Deposit: Unveiling the Crucial...
2025-06-27
XRP Likely Price If Altcoin Surges 50x Accord...
2025-06-27
Bitcoin: 10x Research Unveils Critical Coinba...
2025-06-27
South Korean Investors Ignite Massive $450M C...
2025-06-27
BlackRock’s Bitcoin ETF Surpasses S&P 500 in...
2025-06-27

Связанные новости

Прочтите Отказ от ответственности : Весь контент, представленный на нашем сайте, гиперссылки, связанные приложения, форумы, блоги, учетные записи социальных сетей и другие платформы («Сайт») предназначен только для вашей общей информации, приобретенной у сторонних источников. Мы не предоставляем никаких гарантий в отношении нашего контента, включая, но не ограничиваясь, точность и обновление. Никакая часть содержания, которое мы предоставляем, представляет собой финансовый совет, юридическую консультацию или любую другую форму совета, предназначенную для вашей конкретной опоры для любых целей. Любое использование или доверие к нашему контенту осуществляется исключительно на свой страх и риск. Вы должны провести собственное исследование, просмотреть, проанализировать и проверить наш контент, прежде чем полагаться на них. Торговля - очень рискованная деятельность, которая может привести к серьезным потерям, поэтому проконсультируйтесь с вашим финансовым консультантом, прежде чем принимать какие-либо решения. Никакое содержание на нашем Сайте не предназначено для запроса или предложения