Ripple’s ongoing lawsuit with the US SEC is moving through the courts, and some in the XRP community say “judgment day” is close. XRP pushed past $2 late last year, only to slip back under that mark recently. For most of 2024, it hovered near $0.50, a range many traders saw as a barrier. Now, with fresh legal hurdles, believers and skeptics are both bracing for what comes next. Related Reading: Analysis: Crypto Heats Up As $35 Billion Enters Market In Under A Month Legal Battle Takes A Detour According to court records, Judge Analisa Torres blocked a joint settlement on May 15, 2025. Ripple hoped to pay a reduced $50 million fine and lift a permanent injunction. Instead, the judge ruled that the motion had cited the wrong procedural rule—Rule 62.1 instead of Rule 60. Ripple and the SEC must refile under the correct rule. That move won’t overhaul the timeline, but it does mean more filings and a delay that could last months. Very soon, nothing will be holding XRP back. No lawsuit. No distractions. At that point, it all comes down to the ..
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