All Eyes on June 16 as Ripple vs. SEC Enters Critical Phase
The long-running legal battle between Ripple Labs and the U.S. Securities and Exchange Commission (SEC) may soon enter its final stages, with an important deadline approaching on June 16, 2025. The SEC is scheduled to submit a status report that could reveal whether a settlement is progressing or if the courtroom fight will continue.
Ripple and the SEC previously agreed to a 60-day pause in litigation, approved on April 16, to explore a potential settlement.
As per the proposed terms, Ripple would pay a reduced penalty of $50 million, down from $125 million, and both sides would drop their appeals. However, no final settlement has been confirmed.
Misunderstandings Around Judge Torres’ Role
Confusion has circulated online about the role of Judge Analisa Torres, with many XRP holders asking whether she will issue a new ruling on the case. However, a former SEC attorney clarified the situation.
“There is nothing pending before Judge Torres for her to rule on,” the former official explained.
The misunderstanding stems from a prior joint motion for an indicative ruling, which was denied by Judge Torres on May 15 as “procedurally improper.” This ruling closed the door on any fast-tracked legal resolution via that motion, placing responsibility back on both parties to settle independently.
Bond Between Legal Progress and XRP Price
The lawsuit, which has lasted over four years, has significantly influenced XRP’s market value and investor confidence. Market participants are closely watching June 16 to gauge regulatory sentiment and Ripple’s legal strategy.
The outcome of the status report may determine whether XRP faces prolonged legal uncertainty or can finally move toward regulatory clarity.
What Comes Next?
If the SEC indicates in its June 16 update that a settlement remains elusive, litigation will likely resume. However, if notable progress is reported, a final deal could materialize this summer — potentially closing one of the most high-profile crypto lawsuits to date.
The XRP community is awaiting this development as a major inflection point for both Ripple and the broader digital asset landscape.