Close Menu
Crypto Chain Post
    Trending

    South Korea’s Upbit is Listing These Tokens This Week

    June 16, 2025

    Bitcoin Gears Up For a 100x Rally by 2045

    June 16, 2025

    Trump-Tied Company Files for Dual Bitcoin and Ethereum ETF Product

    June 16, 2025

    Trump Media files for groundbreaking Bitcoin and Ethereum ETF

    June 16, 2025

    Risk of Escalating Israel-Iran Conflict Keeps BTC Around 105K Says QCP

    June 16, 2025
    Facebook X (Twitter) Instagram TikTok Telegram
    • Privacy Policy
    • Terms of use
    • Advertise
    • Contact
    Monday, June 16
    Crypto Chain Post
    Price Index Newsletter
    • Home
    • News
      • Bitcoin
      • Ethereum
      • Altcoin
    • Blockchain
    • Markets
    • NFTs
    • DeFi
    • Web3
    • Analysis
    • Metaverse
    • Resources
      • Price Index
      • Crypto Heatmap
      • Glossary
      • Exchange
      • Economic Calendar
    • More
      • GameFi
      • ICO
      • Legal
      • Security
    Crypto Chain Post
    Home » Will XRP Skyrocket to $5 After Ripple Lawsuit Decision Today? Legal Expert Says ‘Don’t Hope..’
    Legal

    Will XRP Skyrocket to $5 After Ripple Lawsuit Decision Today? Legal Expert Says ‘Don’t Hope..’

    News RoomBy News RoomJune 16, 2025No Comments2 Mins Read

    The legal battle between Ripple and the U.S. Securities and Exchange Commission (SEC) continues to keep the crypto community on edge. Recently, both Ripple and the SEC renewed their joint request for an indicative ruling from Judge Analisa Torres — and now, latest rumors on social media claim a decision could arrive as soon as Monday.

    If the court approves the motion, many XRP supporters believe the token could quickly surge past $5. But not everyone is convinced this is a realistic outcome.

    Expert Issues Warning

    Pro-XRP lawyer Bill Morgan warned the community not to get carried away. In a recent post, he reminded followers that it took Judge Torres just seven days to reject a similar joint motion earlier. He suggested that the quick decision in the last case might be a hint that this new motion could face the same fate.

    Morgan explained that the strongest part of Ripple and the SEC’s request is their argument that modifying the final judgment is a necessary condition for their settlement. If Judge Torres agrees to lower Ripple’s fine and dissolve the injunction, it would finally end the case, saving court resources by closing both the appeal and cross-appeal.

    Perhaps you should not hope for that.

    It only took 7 days for Judge Torres to reject the last joint motion to modify the judgment to reduce the fine and dissolve the injunction. Less than 7 days to decide the current joint motion may not be the best sign she will grant it. https://t.co/9yFksn6Jrq

    — bill morgan (@Belisarius2020) June 15, 2025

    However, Morgan also pointed out a weakness in this argument. He said that it was Ripple’s choice to make the settlement dependent on modifying the final orders. The parties could have simply agreed to end the legal fight and move on, but Ripple wanted more. Now, they’re essentially asking the court to accept a deal structured on their terms.

    “I think she might grant it,” Morgan admitted, “but it also wouldn’t surprise me if she doesn’t.”

    Read the full article here

    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

    Related News

    Stablecoins to Become Cash Layer of Internet Once GENIUS Act Is Law: Bernstein

    June 16, 2025

    Coinbase, Gemini Angling for MiCA Licenses in Malta and Luxembourg: Reuters

    June 16, 2025

    Legal Experts Say Judge Likely to Approve The Motion – But!

    June 16, 2025

    Atkins Installs New Team, Adds Four Industry Veterans as SEC Undergoes Major Restructuring

    June 16, 2025
    Add A Comment
    Leave A Reply Cancel Reply

    Top News

    Bitcoin Gears Up For a 100x Rally by 2045

    June 16, 2025

    Trump-Tied Company Files for Dual Bitcoin and Ethereum ETF Product

    June 16, 2025

    Trump Media files for groundbreaking Bitcoin and Ethereum ETF

    June 16, 2025
    Advertisement
    Demo
    Crypto Chain Post
    • Home
    • Privacy Policy
    • Terms of use
    • Advertise
    • Contact
    © 2025 Crypto Chain Post. All Rights Reserved.

    71-75 Shelton Street, Covent Garden, London United Kingdom, WC2H 9JQ

    Type above and press Enter to search. Press Esc to cancel.