When Will XRP vs SEC Officially End? Could Settle Within 1 Week to 2 Months

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Will XRP and SEC Ever Stop Playing Hide and Seek? 🤔

In a delightful twist of fate, the Ripple and SEC saga has taken yet another turn! Both parties, like two cheeky schoolchildren, have asked the Second Circuit Court to hit the pause button on their appeals while they wait for the district court to make a decision. The SEC, bless their hearts, is expected to grace the court with a status report by August 15. How generous! 🎩

This little drama unfolded after Ripple and the SEC decided to join forces on June 12, filing a joint request to lift the injunction and reduce the penalty. Oh, the irony! Now, the fate of this case hangs in the balance, depending on how the district court decides to play its cards. 🃏

If the court gives a thumbs up to the proposed settlement, we might finally see the curtain fall on this never-ending show. But if not, well, let’s just say we could be in for more delays than a snail on a leisurely stroll. 🐌 All eyes are glued to the next update, which is expected by mid-August. Grab your popcorn! 🍿

Update Likely Within a Week? Or Just a Wild Goose Chase? 🦢

One expert, with a twinkle in their eye, explained that the SEC has refiled the motion with the illustrious Judge Torres. Her response will be the guiding star for the next steps. And guess what? It might not even take until August! Last time, Judge Torres responded in just 7 days. So, we could have a decision as early as Thursday or next week. Fingers crossed! 🤞

Former SEC official Marc Fagel, with a sage nod, reminded us that writing legal opinions is no walk in the park. He pointed out that this isn’t the only case on Judge Torres’ plate. Busy bee! 🐝

Will the Case Return to Judge Torres? Or Is It a Game of Musical Chairs? 🎶

Sherrie, with a raised eyebrow, expressed her surprise if Judge Torres were to reject the refiled motion. The community might want to brace themselves for the possibility that if the motion doesn’t get the green light and either party decides to restart their appeals, we could find ourselves back in Judge Torres’ courtroom. Cue the conspiracy theories! 🕵️‍♂️

I don’t think there’s any way to predict whether she will modify her order. I could see it going either way.

— Marc Fagel (@Marc_Fagel) June 17, 2025

According to our wise friend Fagel, predicting whether the judge will modify her previous order is like trying to catch smoke with your bare hands. “I could see it going either way,” he mused. 🌀

So here we are, both sides twiddling their thumbs, waiting on Judge Torres. If she gives a nod to the motion, we might finally wrap up this case. If not, the appeals process could restart, leading to more speculation than a room full of gossiping grandmas. 👵

If the case is resolved, it could send XRP’s price soaring and pave the way for spot XRP ETF approvals. As of now, XRP is trading around $2.22, up a cheeky 1% in the past day. Cha-ching! 💰

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2025-06-17 12:37