| Cryptocurrency | Price (USDT) |
|---|---|
| BTC | $107281.6800000000 |
| ETH | $2431.5900000000 |
| BNB | $649.0097800000 |
| XRP | $2.1874730000 |
| ADA | $0.5662577000 |
| SOL | $149.9751000000 |
| DOGE | $N/A |
| DOT | $3.3917000000 |
| LTC | $86.5377000000 |
| LINK | $13.3266600000 |
Category: CRYPTO NEWS
The post XRP Price Prediction As SEC Asks The Court To End Ripple Lawsuit appeared on BitcoinEthereumNews.com. The XRP price could soon receive a major boost from the courtroom. Ripple and the U.S. Securities and Exchange Commission have jointly filed a motion seeking an indicative ruling from Judge Analisa Torres of the Southern District of New York on whether she would dissolve a previously imposed injunction against Ripple. If granted, dissolving the injunction would allow Ripple to resume XRP sales to institutional investors, a move that could significantly boost its business prospects and reignite bullish momentum for the token. The motion also requests Judge Torres to release $125 million held in escrow, with $50 million allocated to the SEC as a civil penalty and the remaining $75 million returned to Ripple. The XRP price is currently showing strong bullish strength at a key support level, which could present an excellent buying opportunity for sidelined investors. Will The Ripple Vs SEC Lawsuit Finally Come To An End? Both SEC and Ripple are eager to end the ongoing lawsuit, having already reached a settlement between themselves earlier this year. However, Judge Torres, previously hailed as a hero by the XRP army, is currently playing a spoilsport. The SDNY District Judge Analisa Torres previously denied a similar joint request in May, finding the motion procedurally improper and concluding that the parties had failed to show the “exceptional circumstances” required to modify the final judgment. In the new filing, Ripple and the SEC argue that “exceptional circumstances” now exist to justify modifying Judge Torres’s final judgment. These include the parties reaching a settlement, the SEC’s evolving stance on crypto enforcement, and a mutual interest in avoiding prolonged litigation. The filing argues that ‘exceptional circumstances’ — including a settlement, the SEC’s shift in crypto policy, and a desire to avoid further litigation — justify modifying Judge Torres’s final judgment. This follows her…
2025-06-14T03:43:22+00:00