Will Ripple and SEC Finally Blink? Deadlines, Delays & Drama! 🔥

Alright, so here’s the scoop—Ripple and the SEC are having a little standoff. And by “little,” I mean it’s been 20 days since Judge Torres politely told them to get their act together, and still—crickets. No new filings, nothing. It’s like they’re procrastinating in the most dramatic way possible. 🥱

On May 15, the judge said, “Nope, not like that,” to Ripple and SEC’s fancy deal that promised to reduce Ripple’s penalty to a measly $50 million and lift some restrictions. But surprise! She says they filed it under the wrong rule. Classic mix-up. She’s basically saying, “Fix it, or I’ll just do nothing.” Meanwhile, the silence is deafening. These two are probably arguing over who’s more stubborn. 😒

“20 days later, still no refile,” Fred Rispoli posted on X, probably just to remind everyone that this saga is dragging on. And June 16? That’s the big day—the deadline that could send the whole thing back to square one if nobody brings a new motion. Because why not? Nothing says suspense like waiting for a couple of lawyers to shuffle papers. 📄

Now, if they don’t show up with something fresh by June 16, the case kicks into high gear again, and Ripple might be back to square one. Or, if they’re holding some secret ace up their sleeve? Well, then it could be delayed another two months. Just great. The lawyers are probably just sitting around, counting their Starbucks rewards. ☕️

Fred says, “Torres made it pretty clear—they’re begging for forgiveness. Ripple will plead, the SEC will grovel—who’s willing to kneel longer?” We’re basically watching a soap opera where nobody knows the script. And of course, everyone’s whispering rumors—like that Ripple & SEC might’ve reached some secret handshake deal behind the scenes. Ooh, juicy. 🍿

But hey, it’s just chatter. No official word, no signed agreement—just speculation and hope that maybe, just maybe, they’ll all get along. Until then, stay tuned. More delays ahead. Shocking, right? 🤷‍♂️

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2025-06-05 19:49