Close Menu
Crypto Chain Post
    Trending

    Bitcoin Binary CDD Hints At Healthy Consolidation, Not A Top

    June 24, 2025

    Is Midnight Protocol the Engine That Sends ADA Soaring?

    June 24, 2025

    Ethereum Price Fractal Targets $2,800 Breakout After $112M Short Squeeze

    June 24, 2025

    Dogecoin Defends Key Demand Zone; Is A Price Recovery Ahead?

    June 24, 2025

    South Korea Delays Banking Sector Crypto Deregulation Review Amid Policy Concerns

    June 24, 2025
    Facebook X (Twitter) Instagram TikTok Telegram
    • Privacy Policy
    • Terms of use
    • Advertise
    • Contact
    Tuesday, June 24
    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 » No, They’re Not Paying the SEC in XRP
    Legal

    No, They’re Not Paying the SEC in XRP

    News RoomBy News RoomJune 24, 2025No Comments2 Mins Read

    As the Ripple vs. SEC case moves forward, rumors are growing on X (formerly Twitter) that Ripple could pay its SEC fine using XRP tokens while the price is still low. Some believe this might happen before ETF approvals and the FedNow launch on July 14.

    Ripple Paying SEC Fine in Cash, Not XRP

    However, former SEC official Marc Fagel has put those rumors to rest saying they are not paying in XRP. Instead, the money is already set aside in cash inside an escrow account.

    They’re not paying in XRP. It’s sitting in an escrow account in cash.

    — Marc Fagel (@Marc_Fagel) June 22, 2025

    An XRP supporter also said the token is safe for now and explained that while tokens can be moved, it’s an all-or-nothing system..

    XRP Price Reacts to Uncertainty

    Recently, crypto analyst John Squire had suggested that the U.S. government might seize Ripple’s escrowed XRP and hold it as a national reserve. However, Bill Morgan shut down the idea by simply stating “it wont”.

    No it won’t. https://t.co/48zQvTBUg9

    — bill morgan (@Belisarius2020) June 21, 2025

    Amid these rumours, XRP price had dropped over 2%. However, crypto prices spiked today after President Trump announced a ceasefire deal between Iran and Israel. Bitcoin rose nearly 3% as it climbed above $106,000. XRP also posted gains around 6% in the last 24 hours.

    No Long Delay in Sight

    There were speculations that the Ripple vs. SEC case could drag into late 2026. But Bill Morgan clarified that such a delay is unlikely, unless Judge Torres rejects the current joint proposal. The most probable outcome, he says, is both parties accepting the summary judgment, along with a penalty and permanent injunction.

    The court is now waiting on a key SEC filing due by mid-August. The XRP community remains on edge, unsure of what Judge Torres might decide next. Experts say that “it could go either way” but nobody has backed the idea of a delay into 2026.

    Read the full article here

    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

    Related News

    South Korea Delays Banking Sector Crypto Deregulation Review Amid Policy Concerns

    June 24, 2025

    Texas passes SB1498 allowing seizure of digital assets tied to crimes

    June 24, 2025

    Senator Introduces Bill to Halt Trump’s Crypto Activity—But Voted to Allow It Last Week

    June 24, 2025

    Singapore’s New Rules Threaten Crypto Founders With Jail and $200K Fines

    June 23, 2025
    Add A Comment
    Leave A Reply Cancel Reply

    Top News

    Is Midnight Protocol the Engine That Sends ADA Soaring?

    June 24, 2025

    Ethereum Price Fractal Targets $2,800 Breakout After $112M Short Squeeze

    June 24, 2025

    Dogecoin Defends Key Demand Zone; Is A Price Recovery Ahead?

    June 24, 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.