Ripple XRP holders were hit with another legal drama after Judge Analisa Torres officially denied a key settlement motion in the long-running Ripple vs SEC lawsuit. Earlier this year, both Ripple and the SEC appeared to be moving towards a settlement agreement after years of courtroom battles. But in May, Judge Torres rejected a motion for an indicative ruling — a key procedural step that would have helped finalize the agreement.
In her official court order, the judge ruled that if jurisdiction were to be restored to her court, she would deny the motion as “procedurally improper.” The clerk was also directed to terminate the pending motion.
This means the lawsuit will likely drag on for several more months, leaving investors and XRP holders frustrated as the legal uncertainty continues.
Adding fuel to the speculation, popular XRP community influencer The Real Remi Relief claimed on social media that a big announcement is coming on Friday, June 13, 2025. According to the post, Ripple has allegedly secured a better settlement deal than expected, and once official, it could be the final breakthrough the XRP community has waited for.
While it’s not 100% confirmed, the influencer requested followers to “buy whatever you can” in anticipation of a post-settlement XRP price breakout.
For now, XRP’s price remains under pressure. The crypto is trading below a crucial resistance level. But if rumors of a favorable settlement announcement prove true in June, it could push XRP past its previous all-time high of $3.84 and into new price discovery territory. At the time of writing, XRP is trading at $2.24 and is up by more than 1% in the last 24 hours.
No, Ripple hasn’t won yet. A key motion was denied, and the case is still ongoing without a final settlement.
Judge Torres denied Ripple’s motion for an indicative ruling, calling it procedurally improper, delaying resolution.
If XRP loses, it may face stricter U.S. regulations, possible exchange delistings, and reduced institutional adoption.
The SEC sued Ripple in 2020, alleging it conducted an unregistered securities offering of XRP. Ripple maintained XRP was not a security. The case ended in a settlement.
If a favorable settlement is confirmed, XRP could break past $3.84 and enter a bullish price discovery phase.
CoinPedia has been delivering accurate and timely cryptocurrency and blockchain updates since 2017. All content is created by our expert panel of analysts and journalists, following strict Editorial Guidelines based on E-E-A-T (Experience, Expertise, Authoritativeness, Trustworthiness). Every article is fact-checked against reputable sources to ensure accuracy, transparency, and reliability. Our review policy guarantees unbiased evaluations when recommending exchanges, platforms, or tools. We strive to provide timely updates about everything crypto & blockchain, right from startups to industry majors.
All opinions and insights shared represent the author's own views on current market conditions. Please do your own research before making investment decisions. Neither the writer nor the publication assumes responsibility for your financial choices.
Sponsored content and affiliate links may appear on our site. Advertisements are marked clearly, and our editorial content remains entirely independent from our ad partners.
XRP has moved directly into its major support zone between $1.79 and $1.98, a region…
Coinbase, the leading crypto exchange, is planning yet another acquisition in what’s shaping up to…
Zcash price prediction 2025 is drawing renewed attention as ZEC posts a strong on-chain and…
The crypto market is in one of its sharpest pullbacks of the year, with Bitcoin…
Binance Japan users can now buy and withdraw crypto through PayPay Money, giving the exchange…
August turned into a landmark month for Ripple and the XRP ecosystem after the U.S.…
