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Ripple Wins Court Victory as SEC Deal Collapses XRP Case Remains in Legal Limbo
By: watcher guru news|2025/05/16 15:30:08
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The xrp legal battle has taken yet another surprising turn as Ripple just recently secured a significant win when Judge Torres denied the motion for settlement between the SEC and Ripple. At the time of writing, this latest XRP news is creating additional uncertainty for the cryptocurrency, while also potentially strengthening Ripple’s overall position in the ongoing xrp legal battle.#XRPCommunity #SECGov v. #Ripple #XRP Judge Torres has denied the parties’ motion for an indicative ruling. “If jurisdiction were restored to this Court, the Court would deny the parties’ motion as procedurally improper.” pic.twitter.com/4s95ILvzsy— James K. Filan (@FilanLaw) May 15, 2025Also Read: Dogecoin Could Hit $1 As Early As September 2025, Here’s HowXRP Legal Battle Shifts as Court Rejects SEC Deal and Ripple GainsSource: Watcher GuruThe xrp legal battle has definitely shifted after Judge Torres rejected both parties’ motion for an indicative ruling. According to the legal documents that were shared online, the court determined that such a ruling would be “procedurally improper” if jurisdiction were restored.Stuart Alderoty, Ripple’s Chief Legal Officer, stated:“Nothing in today’s order changes Ripple’s wins (i.e. XRP is not a security, etc). This is about procedural concerns with the dismissal of Ripple’s cross-appeal. Ripple and the SEC are fully in agreement to resolve this case and will revisit this issue with the Court, together.”Nothing in today’s order changes Ripple’s wins (i.e. XRP is not a security, etc). This is about procedural concerns with the dismissal of Ripple’s cross-appeal. Ripple and the SEC are fully in agreement to resolve this case and will revisit this issue with the Court, together. https://t.co/vBQdBD3FNe— Stuart Alderoty (@s_alderoty) May 15, 2025What This Means for XRP HoldersThe recent court decision in the xrp legal battle certainly creates considerable uncertainty for XRP holders right now. The cryptocurrency continues to face some volatility as the XRP SEC deal remains essentially unresolved. Many investors and traders had actually hoped that a settlement would bring much-needed clarity to XRP’s regulatory status.Also Read: South American Nation Could Join BRICS During 2025 SummitXRP’s Integration Continues Despite ChallengesAlthough legal issues still dominate the XRP news cycle, XRP continues to integrate into mainstream finance. The development of an XRP ETP represents a really significant step for the cryptocurrency and its adoption.SMQKE, a cryptocurrency market analyst, said:“The XRP ETP will bring XRP into the mainstream financial system, with structure, oversight and scalability.”Yes, the XRP ETP will bring XRP “into the mainstream financial system, with structure, oversight and scalability.”Why should investors care about Altcoin ETPs?Documented below. pic.twitter.com/3ShjKNSLCt— SMQKE (@SMQKEDQG) May 14, 2025The impact of the ongoing xrp legal battle extends well beyond just Ripple to basically the entire cryptocurrency industry as a whole. The court’s previous ruling that XRP is not a security still remains intact, which serves as an important precedent for digital assets in general.LIVE NOW! Tune in as @JohnEDeaton1 breaks down Judge Torres' decision to deny the SEC/Ripple Motion for Settlement.What it means and why it matters. https://t.co/PkkpgMSRuo— CryptoLaw (@CryptoLawUS) May 16, 2025Also Read: Ripple: AI Predicts XRP Price For May 20, 2025Judge Torres clearly stated in her recent ruling:“If jurisdiction were restored to this Court, the Court would deny the parties’ motion as procedurally improper.”As the XRP SEC deal negotiations continue to unfold, both Ripple and the SEC have sort of expressed their intentions to work together toward a resolution, which suggests that the xrp legal battle might eventually find some closure through different procedural avenues in the near future.
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