- Ripple and the SEC’s 60-day pause ends June 15, with a key status report expected that could push the case toward settlement.
- Ripple agreed to a $50M fine and asked to vacate a permanent injunction, but a judge previously rejected a move to formalize the agreement.
- The XRP community is anxiously awaiting whether the SEC confirms progress—or drags things out further—in the upcoming report.
The XRP community’s holding its breath again. As the four-year-long Ripple vs. SEC legal drama keeps dragging, all eyes are now on an upcoming June 15 deadline. It might not bring a final verdict—but it could set the tone for whatever happens next.
Back in April, both parties asked for a 60-day pause to sort out a potential settlement. That pause? It ends June 15. The big question now: Will they file the needed update and keep moving toward resolution, or are we looking at another stall?
Ripple’s $50M Deal and What’s at Stake
So, here’s what’s already on the table: Ripple agreed to pay a reduced fine of $50 million (originally $125M) and walk away from the whole “permanent injunction” thing over institutional XRP sales. Not a bad trade-off, right?
But the court—specifically Judge Analisa Torres—denied a motion for an “indicative ruling” that could’ve helped formalize the deal. That move kind of left everything in limbo. Still, the pause was granted to give both parties time to tie up loose ends.
Now the SEC’s due back in court with a report on June 15, updating everyone on whether this deal’s getting wrapped up or not. It’s a big moment—maybe not fireworks, but definitely a checkpoint the XRP crowd is watching closely.
What the Community Expects
The XRP base is kind of split—some hopeful, others pretty cynical. With the deadline looming, speculation’s flying. Will Ripple and the SEC double down on settling, or will we just get more silence and delays?
Either way, that June 15 status report might offer a rare peek behind the curtain. If both parties reaffirm commitment to a deal, momentum could build fast. If not, we’re probably back to square one—again.
