Ripple News: XRP Lawsuit Could End If Judge Approves $125M Deal
The post Ripple News: XRP Lawsuit Could End If Judge Approves $125M Deal appeared on BitcoinEthereumNews.com. The post Ripple News: XRP Lawsuit Could End If Judge Approves $125M Deal appeared first on Coinpedia Fintech News Ripple and the SEC may finally be close to settling their long legal battle, and a well-known lawyer thinks Judge Analisa Torres will approve the latest request that could end it all. Lawyer Bill Morgan believes this joint motion, filed by both Ripple and the SEC, will likely be accepted, even though he isn’t impressed with the way it’s written. Still, he says it could be enough to move the case toward a final settlement. Just reading today’s Ripple and SEC joint motion to judge Torres over lunch. It does not become stronger and more impressive the more you read it. I just have a feeling she’s going to grant the motion anyway. — bill morgan (@Belisarius2020) June 13, 2025 XRP Lawsuit Update: Another 60-Day Extension? On June 12, both Ripple and the SEC jointly filed a motion asking Judge Torres to lift an earlier injunction and release $125 million held in escrow. As per their settlement plan, $50 million would go to the SEC, while Ripple would get back the remaining $75 million. This arrangement, if approved, would effectively end their appeals and cross-appeals, resolving the ongoing legal standoff. Despite being underwhelmed by how the motion was written, Morgan stressed its importance. He called the judge’s decision on this request “crucial” for the settlement to move forward. If the motion is not granted, he warns that the settlement would fall apart and the legal tug-of-war would drag on. According to him, Ripple and the SEC both gave examples of other cases where judges have changed their past decisions to help parties reach a deal. That makes this motion even more likely to succeed. He also reminded people that despite some…
The post Ripple News: XRP Lawsuit Could End If Judge Approves $125M Deal appeared on BitcoinEthereumNews.com.
The post Ripple News: XRP Lawsuit Could End If Judge Approves $125M Deal appeared first on Coinpedia Fintech News Ripple and the SEC may finally be close to settling their long legal battle, and a well-known lawyer thinks Judge Analisa Torres will approve the latest request that could end it all. Lawyer Bill Morgan believes this joint motion, filed by both Ripple and the SEC, will likely be accepted, even though he isn’t impressed with the way it’s written. Still, he says it could be enough to move the case toward a final settlement. Just reading today’s Ripple and SEC joint motion to judge Torres over lunch. It does not become stronger and more impressive the more you read it. I just have a feeling she’s going to grant the motion anyway. — bill morgan (@Belisarius2020) June 13, 2025 XRP Lawsuit Update: Another 60-Day Extension? On June 12, both Ripple and the SEC jointly filed a motion asking Judge Torres to lift an earlier injunction and release $125 million held in escrow. As per their settlement plan, $50 million would go to the SEC, while Ripple would get back the remaining $75 million. This arrangement, if approved, would effectively end their appeals and cross-appeals, resolving the ongoing legal standoff. Despite being underwhelmed by how the motion was written, Morgan stressed its importance. He called the judge’s decision on this request “crucial” for the settlement to move forward. If the motion is not granted, he warns that the settlement would fall apart and the legal tug-of-war would drag on. According to him, Ripple and the SEC both gave examples of other cases where judges have changed their past decisions to help parties reach a deal. That makes this motion even more likely to succeed. He also reminded people that despite some…
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