Thecryptobasic has published a detailed theme on X that now acquires the power of traction across XRP. According to the mail, the next main deadline in the SEC V case was determined. Ripple June 15And it can determine how-or if this legal conflict for a period of four years is finally moving forward.
June 15th ending signs for 60 days
Once again on April 10, 2025, Ripple and SEC submitted a joint request to A. 60 days of residenceCalculating the Court of the Second Department to suspend the procedures. This came after the two sides verbally agreed to withdraw their appeal. You will pay ripple 50 million dollars is a penalty – It has been reduced from the original $ 125 million – and in return, the permanent immoral order will be removed.
The stop was officially granted on April 16, and June 15, the deadline He was appointed to SEC to present a Update the case. This report is expected to clarify whether both parties are ready to end the settlement or if more time is needed.
#xrp Their holders are waiting on June 16, waving on the horizon #ripple In exchange for the SEC case. 🧵🧵🧵 pic.twitter.com/po8ci4ilhn
– Thecryptobasic (Thecryptobasic) June 7, 2025
The main complications remain: Judge Analisa Torres A pre -proposed proposal To obtain an indication judgment on the settlement. This means that the court did not formally recognize the initial deal between Ripple and SEC. As of now, no of both sides responded to this movement.
The case report due to next week may give a signal so far on how the parties are planned to move forward – whether it means providing new movement or ongoing conversations behind the scenes.
XRP work rates
XRP moves up and down while merchants are waiting for the Big Yune update in Ripple case against SEC. Currently, on June 7, it is traded by about $ 2.19, an increase of 1.24 % during the past day. Earlier this week, the price decreased to $ 2.07 before decline, indicating that some investors hope that the case will end in favor of Ripple.
Looking at the graph, the XRP seems to resist between $ 2.28 and $ 2.30. On the negative side, support sits about $ 2.07. If the price is broken or less than these levels, this may lead to a much larger step – depending on what is happening in the court next week. Traders monitor the SEC update.
Also read: XRP community dividing more than 10 dollars The goal of the price – reveals a deep suspicion survey
The XRP community is closely watched
As the deadline approaches on June 15, XRP holders are closely monitoring developments. Many hope that the SEC file will finally highlight a possible decision and bring the long -awaited clarity to the case. Whether the report confirms the progress-or additional delay-it can be expectations in the near term of XRP.
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