Will Ripple and SEC Finally Kiss and Make Up or Keep Yapping? 😬

by

Will Ripple and SEC Finally Kiss and Make Up or Keep Yapping? 😬

The never-ending saga, folks. Usual legal drama — SEC and Ripple fighting like an old married couple, and now, it might just hit pause again.

Nothing like a deadline looming, right? June 16, and these geniuses still haven’t refiled properly. Classic. It’s like trying to assemble Ikea furniture without the instructions — chaos and confusion everywhere.

Can This Lawsuit Get Delayed Again? 🎭

So, on May 8, BeInCrypto drops the bomb: both sides asked Judge Torres to cut a deal, reduce the penalty to $50 million, and lift the injunction. Simple, right? Nope. Judge Torres says, “Forget it,” because they didn’t do the paperwork right. Yep, procedural errors. It’s like trying to make coffee but forget the coffee grounds. Bad move.

Now, both Ripple and SEC need to refile. But as of June 5, nothing. Nada. Zilch. The case is stuck in legal limbo, like a bad rerun nobody wanted to watch.

Attorney Fred Rispoli points out on X (formerly Twitter), “Hey, June 16 is the date. If they don’t refile, the Second Circuit is left with just yesterday’s denial. Might as well re-watch the same episode again.” 🎬

And if they do refile? Well, Rispoli says, “Maybe Judge Torres will beg for forgiveness, or maybe they’ll do whatever it takes to avoid a ‘No, you’re not getting a settlement’ slap.” 🙄

“20 days later, no refile by SEC and Ripple in district court, and June 16 deadline looms. The drama continues.”

Bottom line — this deadline’s a big deal. If they blow it, the case restarts like a bad sitcom. And if they’re still dragging their feet, we might get a 60-day extension. Just what the world needs, right?

“And what’s the message from Judge Torres? ‘Please, guys, just beg a little harder!’ Ripple’ll do anything, just make it stop. How much groveling is too much? We’ve got 12 days to find out.” 😅

Rumors are flying that Ripple, SEC, and Judge Torres might have already struck a deal behind closed doors. Or maybe they’re just joking — who knows? Word is Ripple’s walking away the champ, but hey, it’s all hearsay.

“Heard it through the grapevine: Ripple, SEC, and Judge Torres finally shook hands. Rumors say Ripple won. Could drop Friday, June 13. But don’t hold your breath — no official word yet.”

Meanwhile, XRP’s price is taking a hit. Just last week, it dropped 8.8%. It’s like the stock market’s mood swings — one minute up, next minute down. Currently, it’s sitting at $2.19, down 2.36% in 24 hours. Classic crypto rollercoaster. 🎢

Honestly, what a mess. Grab some popcorn, folks. This soap opera isn’t ending anytime soon. 🎬

Read More

2025-06-05 12:41