XRP Lawsuit Archives - Times Tabloid https://timestabloid.com/tag/xrp-lawsuit/ Cryptocurrency and Blockchain Tabs Fri, 06 Feb 2026 10:00:57 +0000 en-US hourly 1 https://wordpress.org/?v=6.9.4 https://timestabloid.com/wp-content/uploads/2021/08/cropped-Times-Tabloid-Favicon-32x32.png XRP Lawsuit Archives - Times Tabloid https://timestabloid.com/tag/xrp-lawsuit/ 32 32 SEC Officially Drops All Ripple (XRP) Appeals https://timestabloid.com/sec-officially-drops-all-xrp-ripple-appeals/ Fri, 06 Feb 2026 10:00:57 +0000 https://timestabloid.com/?p=96579 The legal battle between Ripple and the SEC concluded in 2025, with the case fully dismissed in August. Crypto commentator Remi Relief (@RemiReliefX) emphasized the significance of this milestone in a recent post. This ruling confirms that XRP is not considered a security on the secondary market, removing the final regulatory barrier that was preventing […]

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]]> The legal battle between Ripple and the SEC concluded in 2025, with the case fully dismissed in August. Crypto commentator Remi Relief (@RemiReliefX) emphasized the significance of this milestone in a recent post.

This ruling confirms that XRP is not considered a security on the secondary market, removing the final regulatory barrier that was preventing institutions from engaging with the asset.

With all potential appeal avenues closed, banks and trading firms can now confidently adopt XRP for liquidity and settlement purposes.

Permissioned Domains and DEX Activation

RippleX recently announced that Permissioned Domains are live on the XRP Ledger (XRPL). The Permissioned DEX has achieved validator consensus and is scheduled to activate within two weeks. Permissioned Domains provide controlled environments, specifying which credentials are required for verified issuers.

The Permissioned DEX ensures order books accept trades only from accounts meeting domain requirements. These features create a compliant and secure environment, allowing institutions to operate with confidence. RippleX explained, “Controlled environments that define which credentials are required to participate as a verified issuer” are now active.

Institutional Liquidity Through Ripple Prime

Ripple recently announced support for Hyperliquid, expanding the capabilities of its Ripple Prime platform. This integration allows institutions to access on-chain derivatives liquidity in a streamlined and secure manner. Ripple noted that customers can efficiently cross-margin crypto across all asset classes supported by the prime brokerage platform.

By incorporating Hyperliquid, Ripple Prime enhances liquidity access while maintaining regulatory compliance. Ripple emphasized, “Institutions, welcome to the on-chain economy,” signaling that the XRPL infrastructure is now fully equipped to support professional institutional participation.

XRP as the Main Beneficiary

With the lawsuit out of the way, XRP can benefit from the expanding ecosystem and institutional adoption. The asset’s regulatory certainty and institutional infrastructure position it as the primary beneficiary of these advancements.

With appeal risk removed and infrastructure fully live, XRP is ready for large-scale adoption. The Permissioned DEX will offer verified order books, while Ripple Prime ensures derivatives access across multiple asset classes. Institutions now have a compliant path to engage with digital assets. These developments mark a turning point for XRP as it becomes a central tool for regulated, large-scale crypto trading.

Remi Relief captured the moment, declaring, “IT’S ON!!!” Institutions now have clarity and access, making XRP the clear choice for secure liquidity and settlement solutions.

Disclaimer: This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are advised to conduct thorough research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses.

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]]> House Democrats Just Blasted SEC Chair for Dropping Ripple (XRP) Case and Others https://timestabloid.com/house-democrats-just-blasted-sec-chair-for-dropping-ripple-xrp-case-and-others/ Sat, 17 Jan 2026 06:53:49 +0000 https://timestabloid.com/?p=95177 House Democrats have issued a forceful call to the U.S. Securities and Exchange Commission (SEC), asserting that the agency has significantly retreated from its enforcement responsibilities in the rapidly evolving cryptocurrency sector. In a detailed letter on January 15, 2026, addressed to SEC Chair Paul S. Atkins, Democratic lawmakers expressed deep concern about the agency’s […]

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]]> House Democrats have issued a forceful call to the U.S. Securities and Exchange Commission (SEC), asserting that the agency has significantly retreated from its enforcement responsibilities in the rapidly evolving cryptocurrency sector.

In a detailed letter on January 15, 2026, addressed to SEC Chair Paul S. Atkins, Democratic lawmakers expressed deep concern about the agency’s recent decisions to dismiss, close, or put on hold more than a dozen high-profile crypto enforcement actions filed since early 2025.

This development has prompted questions about the SEC’s commitment to protecting investors and enforcing securities laws in the digital asset space.

Allegations of Enforcement Retreat and Political Influence

The letter, authored by Representatives Maxine Waters, Brad Sherman, and Sean Casten, asserts that the SEC’s dismissal of over twelve major crypto cases, including those against Binance, Coinbase, and Kraken, represents a dramatic shift away from robust enforcement.

According to the lawmakers, in each of these matters,s the SEC had previously secured favorable court rulings or had established substantive allegations of regulatory violations, yet opted to walk away from litigation or agreed to dismiss enforcement actions on discretionary or procedural grounds.

Within the text of the letter, the Democrats characterized the timing of these enforcement retreats as particularly troubling, given that many of the companies whose cases were dropped had made substantial political contributions to President Donald Trump’s campaign and inauguration events.

The lawmakers stated that firms such as Coinbase, Kraken, Ripple, Robinhood, and Crypto.com each contributed significant sums in the context of these political activities, a pattern that, in their view, creates what they described as an inference of “pay-to-play” dynamics influencing regulatory outcomes.

Focus on the Justin Sun Litigation

The letter places particular emphasis on the SEC’s handling of its enforcement action against Justin Sun, the founder of the Tron Foundation. The SEC initially filed civil charges against Sun in 2023, alleging that he orchestrated unregistered securities offerings, manipulated trading volumes, and improperly promoted digital assets.

In February 2025, the agency requested that a federal court stay the proceedings to explore a potential settlement, and that stay has remained in place for approximately eleven months.

Democrats argue that the extended pause in the Sun case undermines confidence in the consistent application of securities laws. They contend that this situation sends a concerning signal to market participants about selective enforcement, particularly given Sun’s significant investments of tens of millions of dollars in crypto ventures linked to the Trump family and affiliates.

The lawmakers called on the SEC either to lift the stay and pursue litigation consistent with the strength of its original complaint or to negotiate a settlement that adequately reflects the gravity of the alleged misconduct.

Demand for Transparency and Accountability

In addition to urging renewed action on the Justin Sun matter, the letter requests a full accounting from the SEC regarding the rationale behind its recent enforcement decisions.

Lawmakers demanded documentation and communications relevant to the agency’s choices to dismiss or halt these cases, including any external contacts or influences that may have played a role.

Their communication underscores a wider concern that inconsistent enforcement threatens investor protection and the credibility of the SEC’s regulatory mission.

Stakes for Crypto Oversight

The House Democrats’ letter represents a significant moment in the intersection of public policy, financial regulation, and digital asset markets.

By challenging the SEC’s recent actions and calling for transparency and accountability, these lawmakers have signaled heightened legislative scrutiny of federal crypto enforcement practices and raised fundamental questions about the integrity of U.S. securities regulation in the digital era.

Disclaimer: This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are advised to conduct thorough research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses.

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]]> Ripple (XRP) Case 100% Done: Second Circuit Approves Joint Stipulation of Dismissal https://timestabloid.com/xrp-case-100-done-second-circuit-approves-joint-stipulation-of-dismissal/ Fri, 22 Aug 2025 17:40:11 +0000 https://timestabloid.com/?p=79733 Legal analyst and defense attorney James K. Filan shared an important update regarding the long-standing case between the U.S. Securities and Exchange Commission (SEC) and Ripple Labs. In a post on X, Filan confirmed that the United States Court of Appeals for the Second Circuit has approved a joint stipulation of dismissal in the matter. […]

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]]> Legal analyst and defense attorney James K. Filan shared an important update regarding the long-standing case between the U.S. Securities and Exchange Commission (SEC) and Ripple Labs.

In a post on X, Filan confirmed that the United States Court of Appeals for the Second Circuit has approved a joint stipulation of dismissal in the matter. The court issued its mandate on August 22, 2025, formally recognizing the stipulation filed by the parties to withdraw the appeal under Federal Rule of Appellate Procedure 42.

The order, signed by Catherine O’Hagan Wolfe, Clerk of Court, states that the stipulation of dismissal is “So Ordered,” thereby concluding the appeal. The mandate was issued in cases docketed under numbers 24-2648 and 24-2705, covering the appeals brought forward by both the SEC and Ripple Labs.

The document also lists Ripple executives Bradley Garlinghouse and Christian A. Larsen as defendants-appellees, with several intervenors including attorney John Deaton and others representing retail holders of XRP.

Conclusion of the Appeals Process

The approval of the joint stipulation indicates that both sides have reached a final resolution in the appellate process, leaving no further action pending before the Second Circuit. The language of the order suggests that neither Judge Analisa Torres, who presided over the trial level of the case in the Southern District of New York, nor any other judicial authority needs to take additional steps at this stage.

This development formally ends the appellate phase of a case that has been ongoing since December 2020, when the SEC first filed its lawsuit against Ripple Labs, alleging that the company’s sales of XRP constituted unregistered securities offerings. Over time, the case became one of the most closely followed legal battles in the digital asset sector, given its implications for regulatory clarity in the industry.

Community Reaction

Filan’s update was met with immediate reaction from members of the XRP community. One user, MrCrypto, expressed enthusiasm, writing, “Finally!!! XRP community now we take over the world…” Another community member, DigiX, raised a question about whether any further judicial action was required, asking, “Now…is it done for good? Or does our esteemed judge Torres need to do anything else?”

In response, another participant in the discussion clarified that the case is over and that Judge Torres has no remaining role, stating, “Torres is done. Case is over. Ripple has to pay the settlement. I bet that would happen tomorrow.”

Finality of the Case

With the issuance of the mandate by the Second Circuit, the legal proceedings between the SEC and Ripple Labs appear to be fully concluded. The court’s formal approval of the joint stipulation of dismissal marks the official end of the appeals, bringing closure to nearly five years of litigation.

For the XRP community and the broader digital asset industry, this outcome represents a decisive moment. While details of any settlement arrangements remain to be fully addressed, the dismissal eliminates the uncertainty of ongoing appellate review. The case is now considered legally finished, as confirmed by the mandate issued on August 22, 2025.

Disclaimer: This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are advised to conduct thorough research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses.

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]]> Expert States Most Likely Scenario for XRP Price Rally Continuation https://timestabloid.com/expert-states-most-likely-scenario-for-xrp-price-rally-continuation/ Thu, 21 Aug 2025 19:05:55 +0000 https://timestabloid.com/?p=79563 Crypto analyst Galaxy recently shared a TradingView chart on X, noting that “consolidations are healthy” and emphasizing that the most likely scenario for XRP is a bullish continuation following its recent breakout.  The post highlights a rectangular consolidation pattern forming after XRP’s sharp rally earlier this year, suggesting that the market is pausing before resuming […]

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]]> Crypto analyst Galaxy recently shared a TradingView chart on X, noting that “consolidations are healthy” and emphasizing that the most likely scenario for XRP is a bullish continuation following its recent breakout. 

The post highlights a rectangular consolidation pattern forming after XRP’s sharp rally earlier this year, suggesting that the market is pausing before resuming its upward momentum.

The Rectangular Consolidation

The chart presented by Galaxy shows XRP moving within a well-defined sideways channel, commonly referred to as a rectangular consolidation. In technical analysis, this structure often represents a temporary equilibrium between buyers and sellers, where price oscillates between horizontal support and resistance. 

Historically, when such a formation occurs after a strong rally, it typically resolves in the direction of the initial trend. This makes the consolidation period less a sign of weakness and more a constructive base for future gains.

Current Price Action and Key Levels

At the time of Galaxy’s post, XRP was trading near $2.90, slightly below the $3 psychological level. The consolidation zone is significant because it sits above previous resistance levels, which now act as support. Holding this range signals that investors are not rushing to take profits but instead allowing the market to stabilize. 

Analysts have pointed out that a strong close above $3.30 would be a key trigger for a breakout confirmation, paving the way for the next leg higher.

Analyst Consensus on XRP’s Trend

Other market commentators echo Galaxy’s outlook. Several reports have described XRP’s recent activity as a multi-month consolidation lasting close to 200 days, which has repeatedly tested both the upper and lower boundaries of the range. Such extended consolidations are often seen as accumulation phases where strong hands prepare for the next move. 

If XRP can maintain support and eventually break out with convincing volume, the probabilities favor continuation toward higher price targets in the months ahead.

Bullish Continuation vs. Risk of Breakdown

The broader outlook remains bullish, but risks cannot be ignored. Rectangles can sometimes produce false breakouts or extended sideways movement that tests investor patience. For XRP, the decisive factor will be breakout confirmation supported by volume and weekly or monthly closes above resistance. 

Short-term traders may look to position themselves around these critical levels, while long-term holders are more likely to view the consolidation as a healthy pause before further gains.

Final Thoughts

Galaxy’s analysis aligns with a widely accepted principle in technical analysis: consolidations after strong breakouts tend to lead to continuation. XRP’s current sideways structure reflects stability rather than weakness, and with price holding above critical supports, the most probable outcome remains bullish. 

Traders and investors alike will be watching closely for a confirmed breakout above the consolidation range, which could mark the beginning of XRP’s next major rally.

Disclaimer: This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are urged to do in-depth research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses.

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]]> Big News for XRP: SEC and Ripple Jointly Dismiss Appeals. The Case Is Over https://timestabloid.com/big-news-for-xrp-sec-and-ripple-jointly-dismiss-appeals-the-case-is-over/ Fri, 08 Aug 2025 01:54:15 +0000 https://timestabloid.com/?p=77322 On August 7, 2025, defense lawyer James K. Filan announced that the U.S. Securities and Exchange Commission (SEC) and Ripple Labs Inc. had jointly filed a dismissal of their respective appeals, bringing an end to one of the most closely followed cases in the digital asset industry. Filan shared the update on X, stating, “The […]

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]]> On August 7, 2025, defense lawyer James K. Filan announced that the U.S. Securities and Exchange Commission (SEC) and Ripple Labs Inc. had jointly filed a dismissal of their respective appeals, bringing an end to one of the most closely followed cases in the digital asset industry.

Filan shared the update on X, stating, “The parties have filed a Joint Dismissal of the Appeals. The case is over.”

The Joint Stipulation of Dismissal, filed with the U.S. Court of Appeals for the Second Circuit, formally concludes both the SEC’s appeal and Ripple’s cross-appeal. The document, dated August 7 and signed by the legal representatives of both parties, confirms that each party will bear its costs and fees.

This effectively terminates the litigation stemming from the original lawsuit filed by the SEC in December 2020 against Ripple Labs, Bradley Garlinghouse, and Christian A. Larsen.

Legal Framework and Signatories

The legal notice specifically cites Federal Rule of Appellate Procedure 42(b)(1) as the basis for the dismissal. According to the filing, the Commission, Ripple, Garlinghouse, and Larsen have all agreed to the terms.

Attorneys from Kellogg, Hansen, Todd, Figel & Frederick, as well as Cleary Gottlieb Steen & Hamilton LLP and Debevoise & Plimpton LLP, acted on behalf of Ripple and its executives. On the SEC’s side, the document is signed by Acting General Counsel Jeffrey B. Finnell, Solicitor Tracey A. Hardin, and Appellate Counsel David D. Lisitza and Ezekiel L. Hill.

The Certificate of Service, signed by Ezekiel L. Hill, certifies that all relevant parties were electronically served through the Court’s ACMS system on August 7, 2025.

Impact on Ripple and XRP

This joint dismissal brings closure to the long-standing legal battle, which has significantly impacted XRP’s market position and the broader regulatory outlook for digital assets in the United States.

The litigation originally revolved around whether XRP constituted a security under U.S. law, with the SEC alleging that Ripple conducted unregistered securities offerings. Ripple disputed the claims, leading to years of litigation, several partial rulings, and a great deal of public interest.

With the appeals now officially withdrawn, there will be no further judicial review of prior rulings from the U.S. District Court for the Southern District of New York, presided over by Judge Analisa Torres. That decision had partially favored Ripple, ruling that XRP sales on public exchanges did not constitute securities transactions, though it held Ripple accountable for certain institutional sales.

XRP Community’s Reaction and Industry Implications

The formal end of the case marks a milestone moment not just for Ripple but also for XRP holders and the broader digital asset industry. Market participants had long awaited a resolution, as the case’s outcome had implications for token classification and enforcement actions across the sector.

Responding to the announcement, the XRP community expressed a range of reactions online. One X user, Tailan, commented humorously, “I was used to this case now is going to be a bit boring who should we fight now? Bank cartels?”

As the legal uncertainty lifts, Ripple can now focus on business expansion, including its global payments network and potential U.S. regulatory advancements. The SEC, for its part, appears to be shifting its focus to other digital asset enforcement cases still ongoing in various jurisdictions.

The conclusion of this case clears a major legal cloud hanging over XRP and removes a critical overhang from Ripple’s operations. The digital asset community will now closely watch how this final development influences regulatory frameworks, industry innovation, and the positioning of XRP in the evolving financial landscape.

Disclaimer: This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are advised to conduct thorough research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses.

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]]> Ripple Never Dropped Its Appeal with the SEC. So What Happened? Details https://timestabloid.com/ripple-never-dropped-its-appeal-with-the-sec-so-what-happened-details/ Tue, 05 Aug 2025 11:05:41 +0000 https://timestabloid.com/?p=76916 In a development that has surprised much of the crypto community, Ripple’s legal battle with the U.S. Securities and Exchange Commission (SEC) is still ongoing. Despite public statements suggesting that the appeals were dropped, no formal dismissal has been filed by either Ripple or the SEC. The revelation, brought to light by crypto researcher Diana […]

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]]> In a development that has surprised much of the crypto community, Ripple’s legal battle with the U.S. Securities and Exchange Commission (SEC) is still ongoing. Despite public statements suggesting that the appeals were dropped, no formal dismissal has been filed by either Ripple or the SEC.

The revelation, brought to light by crypto researcher Diana via X, confirms that the case remains active and not yet finalized.

Public Assumptions vs Legal Reality

Back in June, Ripple CEO Brad Garlinghouse declared that the company was “dropping the appeal.” For many in the XRP community, that meant the case was officially over. But Diana’s post highlights a crucial distinction: Ripple never actually filed to withdraw its cross-appeal. 

This is confirmed by former SEC attorney Marc Fagel, who stated plainly that “Ripple has NOT dropped its cross-appeal.”

It turns out that what was presented as a final move was merely an intention to act, not an executed legal filing. Words, as Diana emphasized, are not the same as official court documents.

Why No One Has Filed, Yet

The delay in filings from both Ripple and the SEC isn’t due to a change of heart or a political ploy. Instead, it comes down to bureaucratic procedures. According to the information shared by Diana, the SEC must first go through a series of internal processes, including staff reviews and a formal vote, before any dismissal can be submitted.

Ripple, on the other hand, appears to be waiting for a joint filing with the SEC, likely for the sake of legal clarity and finality. Until both parties submit a coordinated request for dismissal, the appeal phase remains open.

The Role of Judge Torres

Another point of confusion has been the status of Judge Analisa Torres, who delivered the landmark 2023 ruling that XRP sales on secondary markets do not constitute securities offerings. 

Diana clarified that Judge Torres is no longer involved in the case. Her ruling stands, and once the appeals are formally dropped, it becomes binding. There will be no further court proceedings unless Ripple fails to comply with its settlement obligations.

$125 Million Fine Already in Escrow

Concerns about Ripple’s readiness to fulfill its penalty have also been addressed. The company’s $125 million fine is already in escrow, meaning the funds are set aside and ready to be released as soon as the dismissal paperwork is finalized. This indicates that Ripple is not stalling; it’s simply waiting for the formalities to conclude.

When Will It All Be Over?

According to Diana, Marc Fagel estimates that the SEC’s internal process typically takes one to two months, with likely movement within the next two weeks. That timeline aligns with the normal pace of federal agency operations and should not be misinterpreted as a delay tactic.

Misinterpretation, Not Misinformation

To be clear, Brad Garlinghouse didn’t say the appeal had been dropped; he said Ripple is dropping it. The distinction matters. The XRP community interpreted this as meaning the case was already closed, but legally, it was merely the company’s declared intention. That disconnect between perception and legal process is at the heart of the confusion.

Nearing the Finish Line

Though the appeals are still pending, all signs indicate that the case is in its final stages. Once both Ripple and the SEC file their joint dismissals, the escrowed funds will be released, and the legal saga that has loomed over XRP for years will finally come to an end.

This is not a delay; it’s the final phase of due process. The end is not only near; it’s already written. Now, it’s just a matter of filing the last few pages.

Disclaimer: This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are urged to do in-depth research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses.

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]]> Rumor: SEC vs Ripple (XRP) Final Decision Could be Delayed Until Late 2026 https://timestabloid.com/rumor-sec-vs-ripple-xrp-final-decision-could-be-delayed-until-late-2026/ Mon, 23 Jun 2025 08:14:37 +0000 https://timestabloid.com/?p=72248 Crypto enthusiast BALE recently posted a tweet asserting that the final decision in the long-running legal case between the U.S. Securities and Exchange Commission (SEC) and Ripple could be delayed until late 2026. In his words, “SEC v XRP final decision could be delayed until late 2026.” The tweet has drawn attention due to its […]

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]]> Crypto enthusiast BALE recently posted a tweet asserting that the final decision in the long-running legal case between the U.S. Securities and Exchange Commission (SEC) and Ripple could be delayed until late 2026.

In his words, “SEC v XRP final decision could be delayed until late 2026.” The tweet has drawn attention due to its bold projection, despite the lack of any official confirmation or judicial documentation to substantiate such a delay. BALE’s statement remains speculative and is currently regarded as an unverified rumor.

Procedural Developments Undermine Claim of Delay

Contrary to BALE’s claim, the current legal status surrounding the SEC v. Ripple case suggests a more immediate resolution could be approaching.

According to a June 21 report by Times Tabloid, recent filings in the Southern District of New York indicate a significant procedural step toward concluding the matter. Specifically, both Ripple and the SEC jointly submitted a renewed motion under Federal Rule of Civil Procedure 60.

The motion requests Judge Analisa Torres to amend the final judgment, including reducing Ripple’s civil penalty from $125 million to $50 million, returning $75 million to the company, and lifting the longstanding injunction that has prevented institutional sales of XRP.

This latest motion replaces an earlier request filed in May, which Judge Torres denied due to insufficient justification and procedural flaws. However, the June filing appears to have been more carefully constructed, citing “exceptional circumstances” such as changes in regulatory frameworks and a mutual interest from both parties to conclude the litigation without further delay.

Additional Court Actions Indicate Imminent Decision

In addition to the motion to amend the final judgment, the SEC and Ripple filed a status report with the Second Circuit Court of Appeals on June 16. In it, both parties requested that the ongoing appeals and cross-appeals be placed in abeyance while Judge Torres considers the revised motion. The report included an agreement that the SEC would provide another update by August 15 if the motion remains pending.

Although there is no specific legal deadline for Judge Torres to issue a decision on the revised motion, legal professionals following the case believe a resolution could arrive soon. Notably, Australian lawyer Bill Morgan and U.S. attorney Fred Rispoli have both projected that a ruling may come within weeks.

Potential Outcomes and Conclusion of the XRP Case

Should Judge Torres approve the motion, it would effectively restructure the penalty imposed on Ripple, formally dismiss all pending appeals, and dissolve the injunction on XRP’s institutional sales.

This would lead to a limited remand to the Second Circuit to finalize and officially conclude the case. While it remains technically possible for judicial timelines to extend, current legal filings and professional assessments suggest that a final decision is more likely to occur within the near term.

Disclaimer: This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are advised to conduct thorough research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses.

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]]> Ripple (XRP) vs SEC Case As of June 17, 2025: Fresh Request to Pause https://timestabloid.com/ripple-xrp-vs-sec-case-as-of-june-17-2025-fresh-request-to-pause/ Tue, 17 Jun 2025 05:16:25 +0000 https://timestabloid.com/?p=71309 The legal dispute between Ripple Labs and the U.S. Securities and Exchange Commission (SEC) is advancing to a critical juncture with the latest request. On June 16, 2025, the SEC submitted a new status report to the U.S. Court of Appeals for the Second Circuit, requesting that the court continue to hold both parties’ appeals […]

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]]> The legal dispute between Ripple Labs and the U.S. Securities and Exchange Commission (SEC) is advancing to a critical juncture with the latest request.

On June 16, 2025, the SEC submitted a new status report to the U.S. Court of Appeals for the Second Circuit, requesting that the court continue to hold both parties’ appeals in abeyance.

The Commission confirmed it will file a follow-up report by August 15, 2025, pending Judge Analisa Torres’s decision on the parties’ revised joint settlement motion in the district court.

The filing comes amid growing anticipation within the XRP community. Attorney James K. Filan shared the update publicly, highlighting that the current pause in appeals hinges on the court’s response to the pending motion for an indicative ruling.

This procedural step allows a district court to signal its intention to reconsider or modify a judgment, even when an appeal is already underway.

Background of the Current Situation

Ripple and the SEC previously submitted a joint motion in May to resolve key issues relating to institutional XRP sales. That proposal was rejected shortly thereafter by Judge Torres, who stated that the request lacked sufficient justification.

In response, the parties submitted a more detailed second motion on June 12, which included additional arguments intended to meet the court’s standards for reconsideration. The filing currently under review is based on that revised motion.

Appeals Held as Judge Reviews Revised Proposal

The June 16 deadline for filing the status report has loomed over the lawsuit for weeks now, and the SEC’s latest status report references this ongoing district court development, stating that “in light of the developments described below,” it would be appropriate for the appeals court to continue holding the case.

Both the Commission and Ripple maintain that awaiting Judge Torres’s response could avoid unnecessary appellate litigation, streamline proceedings, and potentially result in a full resolution of the case.

Awaiting a Key Decision

Should Judge Torres indicate she is inclined to grant the revised motion, the appeals court may then formally remand the case to the lower court, allowing for final approval. If the motion is denied, litigation will likely resume in the Second Circuit, as many expected this outcome on June 16 until both parties refiled their joint motion addressing the judge’s concerns.

John Deaton, another well-respected attorney, has predicted a 70% chance that the judge will approve the motion. Until then, the SEC’s request to maintain the pause until August 15 ensures that no new appellate steps will occur while the district court weighs its next move.

Disclaimer: This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are advised to conduct thorough research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses.

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]]> Ripple vs SEC: Expert Opinion on Joint Request to End XRP Case https://timestabloid.com/ripple-vs-sec-expert-opinion-on-joint-request-to-end-xrp-case/ Sun, 15 Jun 2025 08:21:07 +0000 https://timestabloid.com/?p=71067 Prominent attorney and vocal XRP advocate John Deaton shared an in-depth critique regarding the latest legal filings in the Ripple vs. SEC case, particularly addressing the tone and substance of the arguments presented. Deaton clarified that his analysis was not aimed at discrediting the lawyers involved, but instead focused on what he believed was missing […]

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]]> Prominent attorney and vocal XRP advocate John Deaton shared an in-depth critique regarding the latest legal filings in the Ripple vs. SEC case, particularly addressing the tone and substance of the arguments presented.

Deaton clarified that his analysis was not aimed at discrediting the lawyers involved, but instead focused on what he believed was missing from the recent motion. He emphasized that his critique should not be interpreted as a call for deference or excessive flattery toward Judge Analisa Torres.

Responding to a comment implying that he and fellow commentator Freddy Rizzo believed Ripple and the SEC should have been more deferential to Judge Torres, Deaton refuted the suggestion directly. He stated that he sees a 70% chance that the requested relief will be granted, and he plans to further elaborate on his reasoning in a subsequent post.

Expectations Around SEC Accountability

Deaton expressed disappointment that the SEC did not acknowledge prior overreach in its enforcement actions against crypto firms. He believed the SEC could have benefited from recognizing how past leadership had engaged in aggressive tactics, citing judicial rebukes such as the appellate court’s finding of “arbitrary and capricious” actions and the sanctions imposed on SEC attorneys in the Debt Box case. He also referenced Judge Sarah Netburn’s prior comment that SEC lawyers “lacked faithful allegiance to the law” in the Ripple proceedings.

From Deaton’s perspective, a more effective argument would have included some recognition of these developments. He thinks the SEC had an opportunity to demonstrate an evolution in its stance by referencing these prior legal setbacks and using them as context for supporting the relief request.

Ripple’s Missed Opportunity to Emphasize Regulatory Shifts

Deaton also believed that Ripple’s legal team, which includes a former SEC Director of Enforcement, could have done more to explain the real-world implications of continuing to operate under a potential injunction.

He noted that the pending legislative developments—such as the Clarity for Payment Stablecoins Act and the Financial Innovation and Technology for the 21st Century Act—constitute exceptional circumstances that could be relevant to the court’s decision-making. According to him, this legislative context and its implications for business competitiveness were not fully brought forward.

He added that Ripple is disadvantaged as long as an injunction hangs over it, particularly when compared to competitors like Circle, which operate without such legal restrictions. Financial institutions and corporate partners tend to favor legal certainty, and Ripple’s position could be weakened if these risks are not removed.

Legal Strategy Versus Judicial Standards

Ultimately, Deaton summarized that the legal argument seemed to lean on the political shift following the U.S. presidential election, rather than offering a robust rationale that would meet the court’s standards for reconsidering a prior decision.

He suggested that merely referencing a couple of case precedents was insufficient and that the legal team appeared to be assuming the judge would be willing to reverse her earlier position based on minimal legal reasoning.

Deaton closed by acknowledging that his expectations might reflect a lack of experience in such high-level legal proceedings. Nevertheless, he indicated that he had anticipated a more detailed and strategic approach aimed at persuading a judge who believes her prior ruling aligns with existing law.

He concluded his post by encouraging followers to tune in the next day for an objective breakdown of both the arguments for and against granting the requested relief. He also noted that CryptoLawUS would follow up with a poll regarding the likely outcome.

Disclaimer: This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are advised to conduct thorough research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses.

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]]> Ripple and SEC Jointly Make Fresh Move to End XRP Case https://timestabloid.com/ripple-and-sec-jointly-make-fresh-move-to-end-xrp-case/ Thu, 12 Jun 2025 23:02:49 +0000 https://timestabloid.com/?p=70813 Ripple and the U.S. Securities and Exchange Commission (SEC) have jointly renewed their request for an indicative ruling from Judge Analisa Torres, seeking to modify the final judgment entered against Ripple in August 2024. This time, the parties aim to correct what Judge Torres previously identified as a fundamental flaw in their earlier request: failure […]

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]]> Ripple and the U.S. Securities and Exchange Commission (SEC) have jointly renewed their request for an indicative ruling from Judge Analisa Torres, seeking to modify the final judgment entered against Ripple in August 2024.

This time, the parties aim to correct what Judge Torres previously identified as a fundamental flaw in their earlier request: failure to meet the legal standard for post-judgment relief under Rule 60 of the Federal Rules of Civil Procedure.

In a prior filing on May 8, Ripple and the SEC sought court approval under Rule 62.1 for the court to indicate whether it would grant relief if the Second Circuit remanded the case. However, Judge Torres rejected the motion, noting that it failed to address “exceptional circumstances” as required under Rule 60.

She emphasized that the request, although framed as a settlement approval, was effectively an attempt to vacate part of a final judgment without satisfying the appropriate legal standard.

Correcting Course and Targeting Rule 60

Attorney Fred Rispoli predicted that both parties would file this motion before the June 16 deadline for the SEC’s mandatory status update, and in their renewed motion, the parties explicitly address the court’s earlier concerns. They now invoke Rule 60(b)(6), which allows modification of a final judgment when “exceptional circumstances” justify relief.

The filing argues that such circumstances are present, given the length of the litigation, now over four and a half years, and the inefficiency of continuing with the current appeals while a full settlement is already in place. The filing also references the change in administration as an exceptional circumstance, as the SEC has shifted from its prior aggressive stance against cryptocurrencies.

The parties ask the court to dissolve the injunction imposed on Ripple to prevent institutional XRP sales and allow the escrowed civil penalty to be distributed based on the agreement. This results in the SEC receiving $50 million and $75 million returning to Ripple. The motion also stresses that the court’s prior summary judgment ruling will remain intact, preserving the legal findings while facilitating final resolution.

Request for an Indicative Ruling

Ripple and the SEC argue that their revised motion aligns with precedent allowing post-judgment relief to enable settlement, especially where continued appeals would drain judicial resources.

The filing also references recent dismissals of crypto cases, such as Coinbase and Consensys, as examples of the SEC’s shift toward settlement. The motion seeks an indicative ruling under Rule 62.1 to pursue remand. If granted, Judge Torres could dissolve the injunction and approve the settlement, pending a finding of the required exceptional circumstances.

Disclaimer: This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are advised to conduct thorough research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses.

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