Ripple is expected to reach a settlement with the US SEC and seek a change of verdict from the judge. Lawyer predicts a 70% chance of success
2025/06/15 19:17
PANews reported on June 15 that according to DL News, after nearly five years of litigation, Ripple and the US Securities and Exchange Commission hope to reach a settlement, but they still need to convince Judge Analisa Torres to change her judgment and lift the ban on Ripple and reduce its $125 million fine to $50 million, arguing that "special circumstances" justify the request. Cryptocurrency lawyer John Deaton believes that Analisa Torres has a 70% chance of approving Ripple's victory, and the judge may be more inclined to a final judgment rather than another round of litigation.
Disclaimer: The content displayed on MEXC News is provided by third parties and is for informational purposes only. These contents do not constitute financial or investment advice. Please conduct your own research before making any investment decisions.
You May Also Like
Data: More than $57 million of XRP transferred to Coinbase
PANews reported on June 15 that according to Whale Alert monitoring, 26,896,993 XRP (US$57,737,202) were transferred from an unknown wallet to Coinbase.
Share
PANews2025/06/15 11:10
Trump’s $57m windfall, Ripple’s SEC deal, and SharpLink’s $463m ETH Bet | Weekly Recap
From President Donald Trump’s $57 million crypto windfall to Ripple’s near-final settlement with regulators, last week marked a turning point for digital assets in both regulation and institutional adoption. Here’s our weekly recap: Trump discloses crypto profits Hoskinson proposes Cardano…
Share
Crypto2025/06/16 02:00
Polyhedra: ZKJ/KOGE had abnormal on-chain transactions for a short period of time today, and is being closely monitored
PANews reported on June 15 that Polyhedra posted on the X platform that today’s price drop was caused by a series of abnormal on-chain transactions in the ZKJ/KOGE trading pair
Share
PANews2025/06/15 23:06