Somewhere between the dusty corridors of justice and the cobweb-covered corners of disappointment, word spreads as quickly as a bureaucrat’s sigh: Judge Analisa Torres has snatched away the freshly baked hopes of Ripple and the SEC. 🍰 No, dear sirs and madams, you may not tiptoe behind the velvet curtains for a secret handshake deal. Court decrees, unlike vodka at a Cossack’s wake, don’t simply evaporate when the party’s over.
Judge Torres, with the solemnity of a railway ticket inspector, announced: “Gentlemen, the locomotive of The Law chugs along. If the tracks haven’t changed, why should my train?” She reminded both legal warriors that no matter how much they tip their wigs or shine their boots, public judgments aren’t effaced by private nods. If Ripple and the SEC wish for peace, either they must drop their theater of appeals, or keep dancing through the corridors of bureaucracy.
#XRPCommunity #SECGov v. #Ripple #XRP BREAKING: Judge Torres has denied the parties’ Motion for an Indicative Ruling.
— James K. Filan (@FilanLaw) June 26, 2025
Meanwhile, crypto attorney Fred Rispoli appeared on social media, dusting off his crystal ball with a legal-sized handkerchief. He claims both sides must send a status report to the 2nd Circuit in August—no doubt written with the trembling fingers of those who realize another year is about to slip by. That report, he quips, will declare whether the showdown continues long enough for software to become obsolete; in other words, late 2026 or even 2027! Or, perhaps, a miracle settlement may descend from the heavens.
Rispoli—delightfully optimistic, or perhaps just tired of reading court documents—suspects they’ll cozy up for a settlement by July’s end or before the last August watermelon is eaten. For now, every legal eagle and hodling hopeful waits, their eyes bloodshot from Twitter refreshes.
Attorney Bill Morgan leapt upon his soapbox as well, reminding the masses: “As the judge points out: all they have to do is stop the appeals and agree to settle. That’s right, comrades—they could’ve done it any time in the last two months. But Ripple, like a nobleman demanding a gilded samovar, wanted more. Specifically, they wanted the injunction dissolved. (Because who doesn’t want their very own legal samovar?)” 🤷♂️
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2025-06-27 05:54